Medallion Financial Balance Sheet Health
Financial Health criteria checks 2/6
Medallion Financial has a total shareholder equity of $417.8M and total debt of $2.1B, which brings its debt-to-equity ratio to 511.5%. Its total assets and total liabilities are $2.6B and $2.2B respectively. Medallion Financial's EBIT is $150.5M making its interest coverage ratio 2.2. It has cash and short-term investments of $169.1M.
Key information
511.5%
Debt to equity ratio
US$2.14b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$169.13m |
| Equity | US$417.82m |
| Total liabilities | US$2.20b |
| Total assets | US$2.62b |
Recent financial health updates
No updates
Recent updates
Medallion Financial: Dividend Growth Opportunity In Preferred Shares
Apr 15Here's Why We Think Medallion Financial (NASDAQ:MFIN) Might Deserve Your Attention Today
Feb 17
Medallion Financial (NASDAQ:MFIN) Is Due To Pay A Dividend Of $0.08
Jul 30Is Now The Time To Put Medallion Financial (NASDAQ:MFIN) On Your Watchlist?
Jan 16Medallion Financial goes ex-dividend tomorrow
Aug 11Medallion Financial GAAP EPS of $0.54 beats by $0.32, revenue of $46.24M beats by $8.86M
Jul 27Medallion Financial - Buy The Dip As Recent SEC Charges Increase Probability Of A Sale
Jan 05Increases to CEO Compensation Might Be Put On Hold For Now at Medallion Financial Corp. (NASDAQ:MFIN)
Jun 11Medallion Financial EPS beats by $0.09, misses on revenue
May 03Medallion Financial Corp. (NASDAQ:MFIN) Could Be Less Than A Year Away From Profitability
Mar 23Medallion Financial raises $33.6M from private placement of notes
Dec 23What Type Of Shareholders Own The Most Number of Medallion Financial Corp. (NASDAQ:MFIN) Shares?
Dec 22Medallion Financial EPS of -$0.97
Nov 02Medallion Financial misses on revenue
Oct 30Financial Position Analysis
Short Term Liabilities: MFIN's short term assets ($2.3B) exceed its short term liabilities ($64.8M).
Long Term Liabilities: MFIN's short term assets ($2.3B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: MFIN's net debt to equity ratio (471%) is considered high.
Reducing Debt: MFIN's debt to equity ratio has increased from 376.5% to 511.5% over the past 5 years.
Debt Coverage: MFIN's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: MFIN's interest payments on its debt are not well covered by EBIT (2.2x coverage).