Modiv Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Modiv Industrial has a total shareholder equity of $228.3M and total debt of $279.6M, which brings its debt-to-equity ratio to 122.5%. Its total assets and total liabilities are $522.5M and $294.1M respectively. Modiv Industrial's EBIT is $9.3M making its interest coverage ratio 0.8. It has cash and short-term investments of $21.9M.
Key information
122.5%
Debt to equity ratio
US$279.62m
Debt
Interest coverage ratio | 0.8x |
Cash | US$21.94m |
Equity | US$228.34m |
Total liabilities | US$294.13m |
Total assets | US$522.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDV.PRA's short term assets ($41.0M) exceed its short term liabilities ($4.7M).
Long Term Liabilities: MDV.PRA's short term assets ($41.0M) do not cover its long term liabilities ($289.4M).
Debt to Equity History and Analysis
Debt Level: MDV.PRA's net debt to equity ratio (112.9%) is considered high.
Reducing Debt: MDV.PRA's debt to equity ratio has increased from 105.7% to 122.5% 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 MDV.PRA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MDV.PRA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.1% per year.