MariMed Financial Health
How is MariMed's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
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).