Medalist Diversified REIT Balance Sheet Health
Financial Health criteria checks 3/6
Medalist Diversified REIT has a total shareholder equity of $16.5M and total debt of $55.1M, which brings its debt-to-equity ratio to 334.6%. Its total assets and total liabilities are $74.6M and $58.1M respectively. Medalist Diversified REIT's EBIT is $1.3M making its interest coverage ratio 0.4. It has cash and short-term investments of $3.2M.
Key information
334.6%
Debt to equity ratio
US$55.11m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$3.22m |
| Equity | US$16.47m |
| Total liabilities | US$58.14m |
| Total assets | US$74.61m |
Financial Position Analysis
Short Term Liabilities: MDRR's short term assets ($6.4M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: MDRR's short term assets ($6.4M) do not cover its long term liabilities ($56.6M).
Debt to Equity History and Analysis
Debt Level: MDRR's net debt to equity ratio (315.1%) is considered high.
Reducing Debt: MDRR's debt to equity ratio has increased from 240.4% to 334.6% 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 MDRR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MDRR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:50 |
| End of Day Share Price | 2024/12/24 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Medalist Diversified REIT, Inc. is covered by 2 analysts. 0 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 |
|---|---|
| Brian Hollenden | Aegis Capital Corporation |
| Gaurav Mehta | D. Boral Capital LLC. |