GoodRx Holdings Balance Sheet Health
Financial Health criteria checks 6/6
GoodRx Holdings has a total shareholder equity of $696.4M and total debt of $491.3M, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are $1.4B and $658.4M respectively. GoodRx Holdings's EBIT is $106.3M making its interest coverage ratio 3.6. It has cash and short-term investments of $423.8M.
Key information
70.6%
Debt to equity ratio
US$491.34m
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$423.78m |
| Equity | US$696.43m |
| Total liabilities | US$658.41m |
| Total assets | US$1.35b |
Recent financial health updates
GoodRx Holdings (NASDAQ:GDRX) Could Easily Take On More Debt
Jul 12
GoodRx Holdings (NASDAQ:GDRX) Has A Rock Solid Balance Sheet
Feb 12Recent updates
GoodRx Holdings, Inc.'s (NASDAQ:GDRX) Shares May Have Run Too Fast Too Soon
Oct 29GoodRx: The Tide Is Turning The Wrong Way (Rating Downgrade)
Oct 26GoodRx Holdings: Failing To Gain Much Traction
Oct 08GoodRx Holdings' (NASDAQ:GDRX) Returns On Capital Not Reflecting Well On The Business
Sep 22GoodRx Q2 Earnings Preview
Jul 31GoodRx Holdings (NASDAQ:GDRX) Could Easily Take On More Debt
Jul 12GoodRx Holdings, Inc.'s (NASDAQ:GDRX) 30% Price Boost Is Out Of Tune With Revenues
Jun 09Returns On Capital At GoodRx Holdings (NASDAQ:GDRX) Paint A Concerning Picture
Jun 06GoodRx: Encouraging Profit Stabilization (Rating Upgrade)
May 28GoodRx Holdings: Large TAM Continues To Support Growth
Mar 20GoodRx Holdings, Inc. (NASDAQ:GDRX) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 07Is 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 07Financial Position Analysis
Short Term Liabilities: GDRX's short term assets ($626.8M) exceed its short term liabilities ($114.4M).
Long Term Liabilities: GDRX's short term assets ($626.8M) exceed its long term liabilities ($544.1M).
Debt to Equity History and Analysis
Debt Level: GDRX's net debt to equity ratio (9.7%) is considered satisfactory.
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 0.6% per year.