MultiPlan Balance Sheet Health
Financial Health criteria checks 3/6
MultiPlan has a total shareholder equity of $207.6M and total debt of $4.5B, which brings its debt-to-equity ratio to 2187.2%. Its total assets and total liabilities are $5.3B and $5.1B respectively. MultiPlan's EBIT is $127.8M making its interest coverage ratio 0.4. It has cash and short-term investments of $86.9M.
Key information
2,187.2%
Debt to equity ratio
US$4.54b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$86.92m |
| Equity | US$207.56m |
| Total liabilities | US$5.11b |
| Total assets | US$5.32b |
Recent financial health updates
Here's Why MultiPlan (NYSE:MPLN) Is Weighed Down By Its Debt Load
Dec 13
MultiPlan (NYSE:MPLN) Use Of Debt Could Be Considered Risky
Jul 02MultiPlan (NYSE:MPLN) Has A Somewhat Strained Balance Sheet
Mar 05Recent updates
There's No Escaping MultiPlan Corporation's (NYSE:MPLN) Muted Revenues Despite A 29% Share Price Rise
Feb 03MultiPlan Corporation (NYSE:MPLN) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Dec 20Here's Why MultiPlan (NYSE:MPLN) Is Weighed Down By Its Debt Load
Dec 13MultiPlan Corporation (NYSE:MPLN) Shares Fly 55% But Investors Aren't Buying For Growth
Oct 20MultiPlan Corporation (NYSE:MPLN) Not Doing Enough For Some Investors As Its Shares Slump 40%
Aug 18Little Excitement Around MultiPlan Corporation's (NYSE:MPLN) Revenues As Shares Take 46% Pounding
Jul 04MultiPlan (NYSE:MPLN) Use Of Debt Could Be Considered Risky
Jul 02MultiPlan Corporation (NYSE:MPLN) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough
May 09Estimating 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 08Financial Position Analysis
Short Term Liabilities: MPLN's short term assets ($211.5M) exceed its short term liabilities ($201.5M).
Long Term Liabilities: MPLN's short term assets ($211.5M) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: MPLN's net debt to equity ratio (2145.3%) is considered high.
Reducing Debt: MPLN's debt to equity ratio has increased from 274.7% to 2187.2% 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 21.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 05:55 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MultiPlan Corporation is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Steven Valiquette | Barclays |
| Andrew D'Silva | B. Riley Securities, Inc. |
| Daniel Grosslight | Citigroup Inc |