MidCap Financial Investment Balance Sheet Health
Financial Health criteria checks 1/6
MidCap Financial Investment has a total shareholder equity of $1.0B and total debt of $1.5B, which brings its debt-to-equity ratio to 145.5%. Its total assets and total liabilities are $2.5B and $1.5B respectively. MidCap Financial Investment's EBIT is $220.2M making its interest coverage ratio 2.1. It has cash and short-term investments of $122.1M.
Key information
145.5%
Debt to equity ratio
US$1.46b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$122.13m |
| Equity | US$1.01b |
| Total liabilities | US$1.50b |
| Total assets | US$2.50b |
Recent financial health updates
No updates
Recent updates
MidCap Financial Could Be Poised To Generate Healthy Returns In 2024
Mar 18MidCap Financial Investment Corporation: 11% Dividend Is One Of Two Good Income Options
Feb 05Apollo Investment goes ex-dividend tomorrow
Sep 16Apollo Investment FQ1 2023 Earnings Preview
Aug 01Apollo Investment: 32% Discount To Book Value, 11.6% Yield, Strong Performance
Jun 28Apollo Investment's Latest Model Came Out On Parade
May 31Polishing Apollo Investment Corporation's Latest Model, The 2018
Feb 12Apollo Investment: Still Overvalued To Me
Feb 03Understanding Apollo's Lagging Stock Price
Oct 21Apollo's Steady Beat Goes On
Aug 19An 8% Dividend Yield To Reject
May 10Uncovering Apollo's Real Financial Health During Stressful Times
Dec 26Apollo Investment extends maturity of revolving credit facility
Dec 23Apollo Investment goes ex-dividend tomorrow
Dec 17Apollo Investment: Trading Far Below Net Asset Value, But NAV May Be Headed Lower
Nov 12Apollo Investment 2021 Q2 - Results - Earnings Call Presentation
Nov 08Financial Position Analysis
Short Term Liabilities: MFIC's short term assets ($147.7M) exceed its short term liabilities ($26.9M).
Long Term Liabilities: MFIC's short term assets ($147.7M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: MFIC's net debt to equity ratio (133.3%) is considered high.
Reducing Debt: MFIC's debt to equity ratio has increased from 75.5% to 145.5% over the past 5 years.
Debt Coverage: MFIC's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: MFIC's interest payments on its debt are not well covered by EBIT (2.1x coverage).