Medifast Balance Sheet - Quarterly (NYSE:MED)

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$216.96 $5.47 (2.59%) MED stock closing price Sep 25, 2018 (Closing)

The financial analysis of a company like Medifast involves checking the three financial statements of the company in detail, of which the balance sheet is one. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Medifast stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing Medifast revenue Medifast operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Medifast balance sheet for 2018 Q2 shows cash on hand of $81.07M. The company has a debt to equity ratio of 0.

View and download Medifast quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash81.07M86.96M75.07M70.55M63.53M53.97M52.43M57.12M58.61M47.31M
Marketable Securities22.24M22.27M23.75M25.18M25.02M24.98M24.41M24.93M20.97M24.33M
Receivables-1.02M---1.49M1.38M1.13M1.62M2.11M
Inventory26.9M17.28M19.32M16.02M18.04M19.88M18.31M15.01M11.36M13.24M
Raw Materials9.04M4.28M4.34M4.25M5.11M5.58M6.01M4.92M3.37M3.28M
Work In Progress1.49M1.24M1.18M1.23M1.06M1.2M1.2M---
Finished Goods16.47M11.99M14.32M11.19M12.72M14.23M11.92M9.64M7.56M9.5M
Notes Receivable----------
Other Current Assets3.93M3.57M6.46M2.84M3.21M3.3M4.75M4.96M5.17M5.12M
Total Current Assets
135.09M131.13M125.19M115.31M110.72M103.64M101.29M103.17M97.75M92.13M
Property Plant & Equipment--52.06M---55.75M---
Accumulated Depreciation--33.45M---36M---
Net Property Plant & Equipment
18.22M18.35M18.61M18.77M18.5M19.13M19.75M20.11M20.13M27.04M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges1.34M---------
Intangibles----------
Deposits & Other Assets1.64M1.9M2.12M-------
Total Assets
156.3M151.81M145.92M134.46M129.51M122.94M121.21M123.45M118.07M119.37M
Notes Payable----------
Accounts Payable53.44M38.18M37.14M26.25M25.14M23.15M24.3M24.41M22.36M23.81M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable-------1.24M1.35M-
Other Current Liabilities----------
Total Current Liabilities
53.44M38.18M37.14M26.25M25.14M23.15M24.42M26.01M24.31M24.77M
Mortgages----------
Deferred Taxes/Income-------2.51M2.47M4.66M
Convertible Debt----------
Long-Term Debt----------
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
53.44M38.18M37.34M26.25M25.34M23.77M25.2M28.52M26.8M29.5M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus7.19M6.36M4.96M5.82M4.63M3.37M2.67M1.58M--
Retained Earnings116.61M108.24M103.76M102.32M99.51M95.81M93.49M93.26M90.21M89.82M
Treasury Stock20.74M---------
Other Liabilities-0.21M-0.24M-0.16M---0.02M-0.16M---
Shareholders Equity102.86M113.63M108.58M108.21M104.17M99.16M96.01M94.92M91.26M89.86M
Total Liabilities & Shareholders Equity156.3M151.81M145.92M134.46M129.51M122.94M121.21M123.45M118.07M119.37M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Medifast stock price, and Medifast historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Medifast PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Medifast company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Medifast had total assets of $156.3M.
  • Liabilities: The total liabilities of Medifast for the quarter 2018 Q2 total to $53.44M. Liabilities for a company like Medifast include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Medifast Balance Sheet - Key Ratios

Current ratio
2.53
Debt to equity ratio
0
Asset turnover ratio
3.05
Receivables turnover
449.32
Price to book ratio
23.69