Medifast, Inc. (MED)

Medifast Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	91.72	90.93	94.44	87.69	104.18	163.72
Short-Term Investments	72.88	71.42	55.6	-	5.36	10.75
Cash & Short-Term Investments	164.59	162.34	150.04	87.69	109.54	174.48
Cash Growth	5.22%	8.20%	71.10%	-19.95%	-37.21%	88.26%
Inventory	39.36	42.42	54.59	118.86	180.04	53.39
Prepaid Expenses	9.57	9.64	10.67	16.24	16.33	6.45
Other Current Assets	-	-	8.73	-	0.95	-
Total Current Assets	213.52	214.4	224.03	222.78	306.87	234.31
Property, Plant & Equipment	46.32	48.68	67.11	75.65	80.59	38.14
Long-Term Deferred Tax Assets	11.44	11.46	4.12	5.33	4.4	0.69
Other Long-Term Assets	8.73	9.67	14.65	12.46	6.47	2.94
Total Assets	280.01	284.21	309.91	316.21	398.33	276.08
Accounts Payable	51.82	23.05	39.19	53.12	70.89	36.09
Accrued Expenses	-	23.3	36.48	49.03	67.18	50.15
Current Portion of Leases	6.16	6.18	5.89	5.78	6.52	3.67
Current Income Taxes Payable	2.63	1.49	-	0.43	-	-
Current Unearned Revenue	-	0.32	0.57	7.36	8.05	7.61
Other Current Liabilities	-	9.82	10.17	25.19	17.19	13.83
Total Current Liabilities	60.6	64.16	92.3	140.89	169.83	111.35
Long-Term Leases	8.45	9.94	16.13	20.28	26.02	7.49
Total Liabilities	69.05	74.1	108.43	161.17	195.85	118.84
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	34.7	33.14	26.57	21.56	12.02	7.84
Retained Earnings	176.01	176.78	174.65	139.85	190.33	154.35
Treasury Stock	-	-	-	-6.4	-	-5
Comprehensive Income & Other	0.24	0.18	0.25	0.02	0.11	0.04
Shareholders' Equity	210.96	210.11	201.48	155.04	202.47	157.25
Total Liabilities & Equity	280.01	284.21	309.91	316.21	398.33	276.08
Total Debt	14.61	16.13	22.01	26.05	32.54	11.16
Net Cash (Debt)	149.98	146.22	128.03	61.64	77	163.31
Net Cash Growth	10.40%	14.21%	107.70%	-19.95%	-52.85%	106.53%
Net Cash Per Share	13.71	13.34	11.72	5.47	6.52	13.78
Filing Date Shares Outstanding	10.34	10.66	10.78	10.78	11.5	11.72
Total Common Shares Outstanding	10.34	10.66	10.78	10.81	11.55	11.72
Working Capital	152.93	150.24	131.73	81.89	137.03	122.96
Book Value Per Share	20.40	19.71	18.69	14.34	17.53	13.41
Tangible Book Value	210.96	210.11	201.48	155.04	202.47	157.25
Tangible Book Value Per Share	20.40	19.71	18.69	14.34	17.53	13.41
Land	-	0.35	0.57	0.57	0.57	0.57
Buildings	-	21.35	24.5	25.91	23.52	13.01
Machinery	-	44.97	50.44	49.38	42.85	21.1

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q