Medifast Balance Sheet Health
Financial Health criteria checks 6/6
Medifast has a total shareholder equity of $205.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $293.5M and $88.2M respectively. Medifast's EBIT is $34.2M making its interest coverage ratio -7.2. It has cash and short-term investments of $163.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -7.2x |
| Cash | US$163.51m |
| Equity | US$205.28m |
| Total liabilities | US$88.25m |
| Total assets | US$293.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MED *'s short term assets ($224.3M) exceed its short term liabilities ($75.2M).
Long Term Liabilities: MED *'s short term assets ($224.3M) exceed its long term liabilities ($13.1M).
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.