Medical Facilities Balance Sheet Health
Financial Health criteria checks 5/6
Medical Facilities has a total shareholder equity of $118.3M and total debt of $69.1M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are $354.9M and $236.6M respectively. Medical Facilities's EBIT is $67.1M making its interest coverage ratio 5.1. It has cash and short-term investments of $24.1M.
Key information
58.4%
Debt to equity ratio
US$69.10m
Debt
Interest coverage ratio | 5.1x |
Cash | US$24.11m |
Equity | US$118.30m |
Total liabilities | US$236.58m |
Total assets | US$354.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFCS.F's short term assets ($102.8M) exceed its short term liabilities ($83.0M).
Long Term Liabilities: MFCS.F's short term assets ($102.8M) do not cover its long term liabilities ($153.6M).
Debt to Equity History and Analysis
Debt Level: MFCS.F's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: MFCS.F's debt to equity ratio has reduced from 86.6% to 58.4% over the past 5 years.
Debt Coverage: MFCS.F's debt is well covered by operating cash flow (105.2%).
Interest Coverage: MFCS.F's interest payments on its debt are well covered by EBIT (5.1x coverage).