MultiPlan Balance Sheet Health
Financial Health criteria checks 2/6
MultiPlan has a total shareholder equity of $1.2B and total debt of $4.5B, which brings its debt-to-equity ratio to 386.6%. Its total assets and total liabilities are $6.4B and $5.2B respectively. MultiPlan's EBIT is $155.7M making its interest coverage ratio 0.5. It has cash and short-term investments of $58.7M.
Key information
386.6%
Debt to equity ratio
US$4.52b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$58.70m |
| Equity | US$1.17b |
| Total liabilities | US$5.20b |
| Total assets | US$6.37b |
Recent financial health updates
Recent updates
MultiPlan Corporation (NYSE:MPLN) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough
May 09
Estimating The Intrinsic Value Of MultiPlan Corporation (NYSE:MPLN)
Apr 23Why Investors Shouldn't Be Surprised By MultiPlan Corporation's (NYSE:MPLN) 26% Share Price Plunge
Mar 13MultiPlan (NYSE:MPLN) Has A Somewhat Strained Balance Sheet
Mar 05Insufficient Growth At MultiPlan Corporation (NYSE:MPLN) Hampers Share Price
Jan 08MultiPlan Sees Uptick In Utilization But Revenue Growth Is A Challenge
Oct 27Revenues Working Against MultiPlan Corporation's (NYSE:MPLN) Share Price
Oct 02MultiPlan Sees Stabilizing Markets But Contracting Revenue In 2023
Jul 13MultiPlan Corporation: Stay Away From The Stock In The Near Term
Jan 07MultiPlan Corporation (NYSE:MPLN) Analysts Just Trimmed Their Revenue Forecasts By 15%
Nov 18Multiplan Corporation GAAP EPS of $0.03 in-line, revenue of $250.5M misses by $34.7M
Nov 08MultiPlan Corporation: Adding This Growing Healthcare Tech Play To The 'Bio Boom' Portfolio
May 23MultiPlan Corporation (NYSE:MPLN) Just Released Its Annual Earnings: Here's What Analysts Think
Feb 20MultiPlan Corporation's (NYSE:MPLN) Intrinsic Value Is Potentially 67% Above Its Share Price
Jul 04Financial Position Analysis
Short Term Liabilities: MPLN's short term assets ($189.5M) do not cover its short term liabilities ($194.1M).
Long Term Liabilities: MPLN's short term assets ($189.5M) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: MPLN's net debt to equity ratio (381.6%) is considered high.
Reducing Debt: MPLN's debt to equity ratio has increased from 279.3% to 386.6% over the past 5 years.
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 MPLN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MPLN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.4% per year.