Maximus Balance Sheet Health
Financial Health criteria checks 3/6
Maximus has a total shareholder equity of $1.7B and total debt of $1.3B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are $4.0B and $2.3B respectively. Maximus's EBIT is $328.1M making its interest coverage ratio 3.9. It has cash and short-term investments of $104.2M.
Key information
76.5%
Debt to equity ratio
US$1.31b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$104.19m |
| Equity | US$1.72b |
| Total liabilities | US$2.30b |
| Total assets | US$4.02b |
Recent financial health updates
We Think Maximus (NYSE:MMS) Can Stay On Top Of Its Debt
Feb 25
Does Maximus (NYSE:MMS) Have A Healthy Balance Sheet?
Aug 23Recent updates
An Intrinsic Calculation For Maximus, Inc. (NYSE:MMS) Suggests It's 29% Undervalued
Mar 30We Think Maximus (NYSE:MMS) Can Stay On Top Of Its Debt
Feb 25Maximus, Inc. (NYSE:MMS) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 10There Are Reasons To Feel Uneasy About Maximus' (NYSE:MMS) Returns On Capital
Jan 03An Intrinsic Calculation For Maximus, Inc. (NYSE:MMS) Suggests It's 40% Undervalued
Dec 05Maximus: Market Leader And Non-Cyclical
Nov 28Maximus: Global Expansion Resulting In Compounding Growth
Sep 22Returns On Capital Signal Tricky Times Ahead For Maximus (NYSE:MMS)
Sep 18Calculating The Fair Value Of Maximus, Inc. (NYSE:MMS)
Aug 27Calculating The Intrinsic Value Of Maximus, Inc. (NYSE:MMS)
May 27Maximus' (NYSE:MMS) Dividend Will Be $0.28
May 05Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.28
Apr 14Maximus (NYSE:MMS) Could Be Struggling To Allocate Capital
Mar 29Maximus, Inc.'s (NYSE:MMS) CEO Compensation Looks Acceptable To Us And Here's Why
Mar 08Maximus (NYSE:MMS) Will Pay A Dividend Of $0.28
Feb 09Maximus (NYSE:MMS) Will Pay A Dividend Of $0.28
Jan 13MAXIMUS declares $0.28 dividend
Jan 10Maximus (NYSE:MMS) Will Be Hoping To Turn Its Returns On Capital Around
Dec 20Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.28
Nov 03Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.28
Oct 13Estimating The Fair Value Of Maximus, Inc. (NYSE:MMS)
Oct 11MAXIMUS declares $0.28 dividend
Oct 10The Returns On Capital At Maximus (NYSE:MMS) Don't Inspire Confidence
Sep 09Maximus gets $6.6B contract from CMS for contact center operations
Sep 01Does Maximus (NYSE:MMS) Have A Healthy Balance Sheet?
Aug 23Maximus (NYSE:MMS) Has Affirmed Its Dividend Of $0.28
Aug 04Maximus' (NYSE:MMS) Dividend Will Be $0.28
Jul 15MAXIMUS declares $0.28 dividend
Jul 12Maximus, Inc.'s (NYSE:MMS) Intrinsic Value Is Potentially 54% Above Its Share Price
Jul 01Wedgewood Partners - Maximus: A Solid Company With Steady Growth Prospects
May 07Maximus (NYSE:MMS) Is Due To Pay A Dividend Of US$0.28
May 05Financial Position Analysis
Short Term Liabilities: MMS's short term assets ($1.1B) exceed its short term liabilities ($658.4M).
Long Term Liabilities: MMS's short term assets ($1.1B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: MMS's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: MMS's debt to equity ratio has increased from 11.2% to 76.5% over the past 5 years.
Debt Coverage: MMS's debt is well covered by operating cash flow (35.8%).
Interest Coverage: MMS's interest payments on its debt are well covered by EBIT (3.9x coverage).