GoodRx Holdings Balance Sheet Health
Financial Health criteria checks 6/6
GoodRx Holdings has a total shareholder equity of $762.0M and total debt of $656.5M, which brings its debt-to-equity ratio to 86.2%. Its total assets and total liabilities are $1.6B and $826.8M respectively. GoodRx Holdings's EBIT is $49.9M making its interest coverage ratio 2. It has cash and short-term investments of $672.3M.
Key information
86.2%
Debt to equity ratio
US$656.49m
Debt
| Interest coverage ratio | 2x |
| Cash | US$672.30m |
| Equity | US$761.96m |
| Total liabilities | US$826.84m |
| Total assets | US$1.59b |
Recent financial health updates
Recent updates
GoodRx Holdings: Large TAM Continues To Support Growth
Mar 20GoodRx Holdings, Inc. (NASDAQ:GDRX) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 07
Is GoodRx Holdings, Inc. (NASDAQ:GDRX) Trading At A 24% Discount?
Mar 01GoodRx Holdings (NASDAQ:GDRX) Has A Rock Solid Balance Sheet
Feb 12GoodRx: Cost Saving Is A Strong Value Proposition To Consumers
Jan 23GoodRx Holdings (NASDAQ:GDRX) May Have Issues Allocating Its Capital
Jan 22GoodRx Stock Spikes After Receiving A Strong Dose Of Performance
Jan 11What Is GoodRx Holdings, Inc.'s (NASDAQ:GDRX) Share Price Doing?
Dec 02GoodRx Holdings (NASDAQ:GDRX) May Have Issues Allocating Its Capital
Sep 12An Intrinsic Calculation For GoodRx Holdings, Inc. (NASDAQ:GDRX) Suggests It's 41% Undervalued
Jul 14GoodRx Holdings' (NASDAQ:GDRX) Returns On Capital Not Reflecting Well On The Business
May 27Some Confidence Is Lacking In GoodRx Holdings, Inc. (NASDAQ:GDRX) As Shares Slide 27%
May 05Investors Give GoodRx Holdings, Inc. (NASDAQ:GDRX) Shares A 27% Hiding
May 05Is There An Opportunity With GoodRx Holdings, Inc.'s (NASDAQ:GDRX) 45% Undervaluation?
Mar 23GoodRx Holdings (NASDAQ:GDRX) May Have Issues Allocating Its Capital
Feb 07GoodRx Holdings (NASDAQ:GDRX) Could Be Struggling To Allocate Capital
Nov 02GoodRx laying off 140 employees, 16% of workforce
Aug 31GoodRx: Trending Positive, But Not A Buy Yet
Aug 25GoodRx: Unexpected Short Squeeze As Grocer Issue Resolved
Aug 09GoodRx: Unexpected Wrench Pushes Me To The Sidelines
Jul 25Here's What's Concerning About GoodRx Holdings' (NASDAQ:GDRX) Returns On Capital
Jul 20GoodRx: Guidance Gets Worse, Stay Clear
May 19GoodRx: Time To Buy The Dip
Apr 23Returns On Capital Signal Tricky Times Ahead For GoodRx Holdings (NASDAQ:GDRX)
Apr 19Financial Position Analysis
Short Term Liabilities: GDRX's short term assets ($872.8M) exceed its short term liabilities ($122.6M).
Long Term Liabilities: GDRX's short term assets ($872.8M) exceed its long term liabilities ($704.3M).
Debt to Equity History and Analysis
Debt Level: GDRX has more cash than its total debt.
Reducing Debt: GDRX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GDRX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GDRX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.6% per year.