Medifast, Inc. (MED) quarterly balance sheet — complete assets, liabilities & equity history
Medifast, Inc. (MED) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 202.03M | 202.63M | 201.68M | 207.84M | 206.44M | 213.52M | 214.4M | 224.97M | 224.31M | 219.58M | 224.03M | 224.28M | 228.82M | 230.32M | 222.78M | 229.58M | 243.3M | 324.26M | 306.87M | 301.05M |
| Cash & Short-Term Investments | 169.82M | 168.95M | 167.27M | 173.51M | 162.67M | 164.59M | 162.34M | 169.96M | 163.5M | 156.43M | 150.04M | 157.76M | 147.41M | 123.75M | 87.69M | 69.71M | 61.07M | 122.06M | 109.54M | 159.9M |
| Cash Only | 71.91M | 71.53M | 89.3M | 99.53M | 101.69M | 91.72M | 90.93M | 115.31M | 108.02M | 97.47M | 94.44M | 112.75M | 147.41M | 123.75M | 87.69M | 69.71M | 61.07M | 118M | 104.18M | 154.52M |
| Short-Term Investments | 97.91M | 97.42M | 77.97M | 73.99M | 60.98M | 72.88M | 71.42M | 54.65M | 55.49M | 58.96M | 55.6M | 45.01M | 0 | 0 | 0 | 0 | 0 | 4.06M | 5.36M | 5.38M |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 21.18M | 21.4M | 20.23M | 23.2M | 30.2M | 39.36M | 42.42M | 40.09M | 39.6M | 46.27M | 54.59M | 58.23M | 68.9M | 96.9M | 118.86M | 145.28M | 156.97M | 188.97M | 180.04M | 129.61M |
| Days Inventory Outstanding | 84.29 | 77.13 | 87.03 | 90.15 | 109.48 | 116.9 | 123.3 | 106.3 | 86.6 | 96.72 | 104.53 | 99.97 | 88.26 | 94.63 | 117.23 | 129.28 | 119.56 | 144 | 143.09 | 97.51 |
| Other Current Assets | 5.26M | 6.96M | 9.07M | 6.82M | 9.05M | 9.57M | 0 | 6.7M | 12.48M | 11.41M | 0 | 8.29M | 12.52M | 9.67M | 16.24M | 0 | 0 | 0 | 16.33M | 0 |
| Total Non-Current Assets | 58.37M | 49.42M | 55.33M | 60.37M | 62.89M | 66.49M | 69.81M | 66.26M | 69.22M | 83.17M | 85.88M | 95.74M | 89.91M | 91.29M | 93.43M | 96.77M | 97.25M | 97.18M | 91.46M | 70.32M |
| Property, Plant & Equipment | 52.29M | 42.56M | 38.46M | 41.24M | 43.45M | 46.32M | 48.68M | 51.29M | 53.34M | 65.52M | 67.11M | 69.17M | 71.11M | 73.05M | 75.64M | 77.93M | 79.89M | 80.75M | 80.59M | 63.19M |
| Fixed Asset Turnover | 1.61x | 1.88x | 1.88x | 2.11x | 2.35x | 2.44x | 2.38x | 2.68x | 2.84x | 2.63x | 2.80x | 3.36x | 4.11x | 4.69x | 4.39x | 4.95x | 5.64x | 5.18x | 5.26x | 6.97x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6.07M | 6.85M | 7.83M | 7.02M | 7.98M | 8.72M | 9.67M | 10.97M | 11.77M | 13.65M | 14.65M | 15.75M | 14.27M | 13.71M | 12.46M | 12.69M | 12.96M | 12.03M | 6.47M | 6.44M |
| Total Assets | 260.4M | 252.05M | 257.01M | 268.21M | 269.33M | 280.01M | 284.21M | 291.24M | 293.53M | 302.76M | 309.91M | 320.02M | 318.73M | 321.61M | 316.21M | 326.35M | 340.55M | 421.44M | 398.33M | 371.37M |
| Asset Turnover | 0.30x | 0.30x | 0.29x | 0.33x | 0.38x | 0.41x | 0.41x | 0.48x | 0.57x | 0.57x | 0.61x | 0.74x | 0.93x | 1.09x | 1.05x | 1.17x | 1.19x | 1.02x | 0.98x | 1.12x |
| Asset Growth % | -3.32% | -9.99% | -9.57% | -7.91% | -8.24% | -7.51% | -8.29% | -8.99% | -7.9% | -5.86% | -1.99% | -1.94% | -6.41% | -23.69% | -20.61% | -12.12% | -6.5% | 29.12% | 44.28% | 42.4% |
| Total Current Liabilities | 41.56M | 42.18M | 42.96M | 46.71M | 46.18M | 60.6M | 64.16M | 72.38M | 75.18M | 77.19M | 92.3M | 110.11M | 114.89M | 131.74M | 140.89M | 154.25M | 188.16M | 181.03M | 169.83M | 160.91M |
| Accounts Payable | 36.41M | 38.26M | 38.36M | 41.24M | 40.26M | 51.82M | 23.05M | 66.27M | 69.15M | 71.23M | 39.19M | 103.22M | 105.19M | 113.3M | 53.12M | 0 | 0 | 0 | 70.89M | 0 |
| Days Payables Outstanding | 147.79 | 141.96 | 159.51 | 137.58 | 144.91 | 107.01 | 133.47 | 180.61 | 141.56 | 105.89 | 131.96 | 163.9 | 116.31 | 73 | 47.15 | - | - | - | 65.52 | - |
| Short-Term Debt | 0 | 3.92M | 4.6M | 5.47M | 0 | 0 | 0 | 0 | 6.03M | 5.96M | 0 | 0 | 0 | 0 | 0 | 0 | 27M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 316K | 0 | 0 | 0 | 574K | 0 | 0 | 0 | 7.36M | 0 | 0 | 0 | 8.05M | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 148.13M | 154.78M | 174.37M | 0 | 155.51M |
| Current Ratio | 4.86x | 4.80x | 4.69x | 4.45x | 4.47x | 3.52x | 3.34x | 3.11x | 2.98x | 2.84x | 2.43x | 2.04x | 1.99x | 1.75x | 1.58x | 1.49x | 1.29x | 1.79x | 1.81x | 1.87x |
| Quick Ratio | 4.35x | 4.30x | 4.22x | 3.95x | 3.82x | 2.87x | 2.68x | 2.55x | 2.46x | 2.25x | 1.84x | 1.51x | 1.39x | 1.01x | 0.74x | 0.55x | 0.46x | 0.75x | 0.75x | 1.07x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 22.46M | 12.18M | 15.13M | 6.79M | 7.14M | 8.45M | 9.94M | 11.52M | 13.07M | 14.61M | 16.13M | 16.87M | 18.27M | 18.96M | 20.27M | 21.57M | 22.91M | 24.38M | 26.02M | 14.22M |
| Long-Term Debt | 0 | 0 | 6.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 22.46M | 12.18M | 6.09M | 6.79M | 7.14M | 8.45M | 9.94M | 11.52M | 13.07M | 14.61M | 16.13M | 16.87M | 18.27M | 18.96M | 20.27M | 21.57M | 22.91M | 24.38M | 26.02M | 14.22M |
| Deferred Tax Liabilities | 0 | 0 | 9.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | -6.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 64.02M | 54.37M | 58.09M | 53.5M | 53.33M | 69.05M | 74.1M | 83.89M | 88.25M | 91.8M | 108.43M | 126.98M | 133.16M | 150.71M | 161.17M | 175.83M | 211.07M | 205.41M | 195.85M | 175.13M |
| Total Debt | 27.62M | 16.1M | 16.79M | 12.26M | 13.07M | 14.61M | 16.13M | 17.63M | 19.1M | 20.57M | 22.01M | 22.34M | 23.67M | 24.38M | 26.05M | 27.7M | 56.29M | 31.04M | 32.54M | 19.62M |
| Net Debt | -44.29M | -55.43M | -72.52M | -87.27M | -88.63M | -77.11M | -74.8M | -97.68M | -88.92M | -76.9M | -72.43M | -90.41M | -123.73M | -99.37M | -61.64M | -42.01M | -4.78M | -86.96M | -71.64M | -134.89M |
| Debt / Equity | 0.14x | 0.08x | 0.08x | 0.06x | 0.06x | 0.07x | 0.08x | 0.09x | 0.09x | 0.10x | 0.11x | 0.12x | 0.13x | 0.14x | 0.17x | 0.18x | 0.43x | 0.14x | 0.16x | 0.10x |
| Debt / EBITDA | - | 6.74x | - | - | 4.39x | 7.24x | 4.14x | 3.33x | - | 1.84x | 1.83x | 0.77x | 0.56x | 0.43x | 0.73x | 0.54x | 1.09x | 0.54x | 0.63x | 0.35x |
| Net Debt / EBITDA | - | -23.21x | - | - | -29.75x | -38.21x | -19.21x | -18.43x | - | -6.87x | -6.02x | -3.13x | -2.94x | -1.76x | -1.73x | -0.82x | -0.09x | -1.51x | -1.39x | -2.39x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | 295.64x | 179.32x | 184.51x | 298.56x | 579.69x | 503.70x | 588.15x |
| Total Equity | 196.38M | 197.68M | 198.92M | 214.71M | 216M | 210.96M | 210.11M | 207.34M | 205.28M | 210.96M | 201.48M | 193.03M | 185.56M | 170.9M | 155.04M | 150.52M | 129.48M | 216.02M | 202.47M | 196.24M |
| Equity Growth % | -9.09% | -6.29% | -5.33% | 3.55% | 5.22% | -0% | 4.28% | 7.41% | 10.63% | 23.44% | 29.95% | 28.24% | 43.32% | -20.89% | -23.43% | -23.3% | -33.5% | 23.52% | 28.76% | 40.16% |
| Book Value per Share | 17.64 | 17.96 | 18.10 | 19.53 | 19.53 | 19.27 | 19.13 | 18.90 | 18.77 | 19.25 | 18.43 | 17.66 | 17.00 | 15.68 | 13.98 | 13.63 | 11.32 | 18.56 | 17.18 | 16.65 |
| Total Shareholders' Equity | 196.38M | 197.68M | 198.92M | 214.71M | 216M | 210.96M | 210.11M | 207.34M | 205.28M | 210.96M | 201.48M | 193.03M | 185.56M | 170.9M | 155.04M | 150.52M | 129.48M | 216.02M | 202.47M | 196.24M |
| Common Stock | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 12K | 12K | 12K |
| Retained Earnings | 153.05M | 156.15M | 158.27M | 176.24M | 178.49M | 176.01M | 176.78M | 175.98M | 174.84M | 182.97M | 174.65M | 168.78M | 163.88M | 151.83M | 139.85M | 131.5M | 129.2M | 203.05M | 190.33M | 183.16M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.4M | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 11K | 33K | 234K | 220K | 179K | 239K | 180K | 349K | 26K | 22K | 248K | 141K | 123K | 33K | 24K | 391K | 268K | 127K | 111K | 122K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |