MariMed Financial Health

How is MariMed's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MRMD's short term assets ($40.9M) exceed its short term liabilities ($27.3M).

Long Term Liabilities: MRMD's short term assets ($40.9M) exceed its long term liabilities ($27.8M).


Debt to Equity History and Analysis

Debt Level: MRMD's net debt to equity ratio (16.2%) is considered satisfactory.

Reducing Debt: MRMD's debt to equity ratio has reduced from 98% to 28.9% over the past 5 years.

Debt Coverage: MRMD's debt is well covered by operating cash flow (50.9%).

Interest Coverage: MRMD's interest payments on its debt are well covered by EBIT (23.7x coverage).


Balance Sheet


Discover healthy companies