Viemed Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Viemed Healthcare has a total shareholder equity of $126.8M and total debt of $4.5M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are $169.5M and $42.7M respectively. Viemed Healthcare's EBIT is $17.5M making its interest coverage ratio 19.8. It has cash and short-term investments of $11.3M.
Key information
3.5%
Debt to equity ratio
US$4.46m
Debt
| Interest coverage ratio | 19.8x |
| Cash | US$11.35m |
| Equity | US$126.80m |
| Total liabilities | US$42.73m |
| Total assets | US$169.53m |
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 ($47.7M) exceed its short term liabilities ($36.4M).
Long Term Liabilities: VMD's short term assets ($47.7M) exceed its long term liabilities ($6.3M).
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 reduced from 23% to 3.5% over the past 5 years.
Debt Coverage: VMD's debt is well covered by operating cash flow (837.9%).
Interest Coverage: VMD's interest payments on its debt are well covered by EBIT (19.8x coverage).