MiMedx Group Balance Sheet Health
Financial Health criteria checks 5/6
MiMedx Group has a total shareholder equity of $155.7M and total debt of $19.5M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are $221.7M and $66.0M respectively. MiMedx Group's EBIT is $50.7M making its interest coverage ratio 7.7. It has cash and short-term investments of $48.5M.
Key information
12.5%
Debt to equity ratio
US$19.45m
Debt
Interest coverage ratio | 7.7x |
Cash | US$48.49m |
Equity | US$155.73m |
Total liabilities | US$65.95m |
Total assets | US$221.68m |
Recent financial health updates
We Think MiMedx Group (NASDAQ:MDXG) Can Stay On Top Of Its Debt
Jan 05Is MiMedx Group (NASDAQ:MDXG) Using Debt In A Risky Way?
Aug 08Does MiMedx Group (NASDAQ:MDXG) Have A Healthy Balance Sheet?
Apr 22Health Check: How Prudently Does MiMedx Group (NASDAQ:MDXG) Use Debt?
Dec 20Is MiMedx Group (NASDAQ:MDXG) Using Too Much Debt?
Apr 12Is MiMedx Group (NASDAQ:MDXG) A Risky Investment?
Nov 30Recent updates
Improved Revenues Required Before MiMedx Group, Inc. (NASDAQ:MDXG) Shares Find Their Feet
Mar 27We Think MiMedx Group (NASDAQ:MDXG) Can Stay On Top Of Its Debt
Jan 05MiMedx Group, Inc. (NASDAQ:MDXG) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
Dec 18Is MiMedx Group (NASDAQ:MDXG) Using Debt In A Risky Way?
Aug 08Does MiMedx Group (NASDAQ:MDXG) Have A Healthy Balance Sheet?
Apr 22Health Check: How Prudently Does MiMedx Group (NASDAQ:MDXG) Use Debt?
Dec 20MiMedx gets Japanese reimbursement approval for its tissue allograft EPIFIX
Sep 12MiMedx Group expects AWC full-year sales in low end of 11%-14% growth range
Sep 06Is MiMedx Group (NASDAQ:MDXG) Using Too Much Debt?
Apr 12Is MiMedx Group (NASDAQ:MDXG) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: MDXG's short term assets ($138.9M) exceed its short term liabilities ($42.2M).
Long Term Liabilities: MDXG's short term assets ($138.9M) exceed its long term liabilities ($23.7M).
Debt to Equity History and Analysis
Debt Level: MDXG has more cash than its total debt.
Reducing Debt: MDXG's debt to equity ratio has increased from 0% to 12.5% over the past 5 years.
Debt Coverage: MDXG's debt is well covered by operating cash flow (189.2%).
Interest Coverage: MDXG's interest payments on its debt are well covered by EBIT (7.7x coverage).