Medifast Balance Sheet Health
Financial Health criteria checks 6/6
Medifast has a total shareholder equity of $201.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $309.9M and $108.4M respectively. Medifast's EBIT is $126.4M making its interest coverage ratio -50.8. It has cash and short-term investments of $150.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -50.8x |
Cash | US$150.04m |
Equity | US$201.48m |
Total liabilities | US$108.43m |
Total assets | US$309.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MED *'s short term assets ($224.0M) exceed its short term liabilities ($92.3M).
Long Term Liabilities: MED *'s short term assets ($224.0M) exceed its long term liabilities ($16.1M).
Debt to Equity History and Analysis
Debt Level: MED * is debt free.
Reducing Debt: MED * had no debt 5 years ago.
Debt Coverage: MED * has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MED * has no debt, therefore coverage of interest payments is not a concern.