Viemed Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Viemed Healthcare has a total shareholder equity of $113.9M and total debt of $7.1M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are $154.9M and $41.0M respectively. Viemed Healthcare's EBIT is $15.5M making its interest coverage ratio 36.6. It has cash and short-term investments of $12.8M.
Key information
6.2%
Debt to equity ratio
US$7.07m
Debt
| Interest coverage ratio | 36.6x |
| Cash | US$12.84m |
| Equity | US$113.90m |
| Total liabilities | US$41.00m |
| Total assets | US$154.90m |
Recent financial health updates
Recent updates
When Should You Buy Viemed Healthcare, Inc. (NASDAQ:VMD)?
Apr 11
These 4 Measures Indicate That Viemed Healthcare (NASDAQ:VMD) Is Using Debt Safely
Mar 07Viemed Healthcare: Comments On Q2 Earnings
Aug 25Viemed Healthcare Q2 2022 Earnings Preview
Aug 02Viemed Healthcare: New Bullish Trend Has Just Begun
Dec 29Viemed Healthcare, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06Viemed Healthcare EPS misses by $0.01, revenue in-line
May 03Strong Execution By Insider-Owners Ensures Viemed's Growth
Jan 11Viemed Healthcare EPS misses by $0.02, beats on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: VMD's short term assets ($38.4M) exceed its short term liabilities ($32.1M).
Long Term Liabilities: VMD's short term assets ($38.4M) exceed its long term liabilities ($8.9M).
Debt to Equity History and Analysis
Debt Level: VMD has more cash than its total debt.
Reducing Debt: VMD's debt to equity ratio has increased from 0% to 6.2% over the past 5 years.
Debt Coverage: VMD's debt is well covered by operating cash flow (639.1%).
Interest Coverage: VMD's interest payments on its debt are well covered by EBIT (36.6x coverage).