Medifast, Inc. (MED)

Medifast Balance Sheet

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

Fiscal Quarter	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Cash & Equivalents	91.72	90.93	115.31	108.02	97.47	94.44	112.75	147.41	123.75	87.69	69.71	61.07	118	104.18	154.52	191.99	206.03	163.72	156.49	130.83
Short-Term Investments	72.88	71.42	54.65	55.49	58.96	55.6	45.01	-	-	-	-	-	4.06	5.36	5.38	5.44	6.88	10.75	13.43	14.56
Cash & Short-Term Investments	164.59	162.34	169.96	163.51	156.43	150.04	157.76	147.41	123.75	87.69	69.71	61.07	122.06	109.54	159.9	197.43	212.91	174.48	169.92	145.39
Cash Growth	5.22%	8.20%	7.73%	10.92%	26.41%	71.10%	126.31%	141.38%	1.38%	-19.95%	-56.40%	-69.07%	-42.67%	-37.21%	-5.90%	35.79%	102.27%	88.26%	75.33%	28.07%
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	-	0.65	0.84
Inventory	39.36	42.42	40.1	39.6	46.27	54.59	58.23	68.9	96.9	118.86	145.28	156.97	188.97	180.04	129.61	95.79	62.23	53.39	41.74	38.58
Prepaid Expenses	9.57	9.64	6.7	12.48	11.41	10.67	8.29	12.52	9.67	16.24	14.45	16.71	13.23	16.33	11.54	11.1	6.63	6.45	5.16	6.44
Other Current Assets	-	-	8.23	8.73	5.47	8.73	-	-	-	-	0.15	8.55	-	0.95	-	-	-	-	-	-
Total Current Assets	213.52	214.4	224.98	224.32	219.58	224.03	224.28	228.82	230.32	222.78	229.58	243.3	324.26	306.87	301.05	304.32	281.86	234.31	217.46	191.25
Property, Plant & Equipment	46.32	48.68	51.29	53.34	65.52	67.11	69.17	71.11	73.05	75.65	77.93	79.89	80.75	80.59	63.19	55.44	40.73	38.14	38.29	35.94
Long-Term Deferred Tax Assets	11.44	11.46	4	4.11	4.01	4.12	10.83	4.53	4.53	5.33	6.15	4.4	4.4	4.4	0.69	0.69	0.69	0.69	2.04	2.07
Other Long-Term Assets	8.73	9.67	10.97	11.77	13.65	14.65	15.75	14.27	13.71	12.46	12.69	12.96	12.03	6.47	6.44	3.78	3.11	2.94	3	2.83
Total Assets	280.01	284.21	291.24	293.53	302.76	309.91	320.02	318.73	321.61	316.21	326.35	340.55	421.44	398.33	371.37	364.23	326.4	276.08	260.79	232.09
Accounts Payable	51.82	23.05	66.27	69.15	71.23	39.19	103.22	105.19	113.3	53.12	148.13	154.78	174.37	70.89	155.51	149.02	141.25	36.09	108.68	103.34
Accrued Expenses	-	23.3	-	-	-	36.48	-	-	-	49.03	-	-	-	67.18	-	-	-	50.15	-	-
Short-Term Debt	-	-	-	-	-	-	-	-	-	-	-	27	-	-	-	-	-	-	-	-
Current Portion of Leases	6.16	6.18	6.11	6.03	5.96	5.89	5.47	5.41	5.41	5.78	6.13	6.38	6.66	6.52	5.4	4.96	3.65	3.67	3.31	3.27
Current Income Taxes Payable	2.63	1.49	-	-	-	-	1.42	4.3	13.03	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	72.38	75.18	77.19	92.3	110.11	114.9	131.74	140.89	154.26	188.16	181.03	169.83	160.91	153.98	144.9	111.35	111.99	106.61
Long-Term Leases	8.45	9.94	11.52	13.07	14.61	16.13	16.87	18.27	18.96	20.28	21.57	22.91	24.38	26.02	14.22	15.57	6.6	7.49	8.79	8.74
Total Liabilities	69.05	74.1	83.9	88.25	91.8	108.43	126.98	133.16	150.71	161.17	175.83	211.07	205.41	195.85	175.13	169.55	151.5	118.84	120.78	115.35
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	34.7	33.14	31.01	30.4	27.96	26.57	24.11	21.54	19.03	21.56	18.62	-	12.83	12.02	12.95	10.61	8.71	7.84	5.14	2.87
Retained Earnings	176.01	176.78	175.98	174.85	182.97	174.65	168.78	163.89	151.83	139.85	131.5	129.2	203.05	190.33	183.16	185.34	178.56	154.35	139.77	118.75
Treasury Stock	-	-	-	-	-	-	-	-	-	-6.4	-	-	-	-	-	-1.35	-12.5	-5	-5	-5
Comprehensive Income & Other	0.24	0.18	0.35	0.03	0.02	0.25	0.14	0.12	0.03	0.02	0.39	0.27	0.13	0.11	0.12	0.08	0.1	0.04	0.1	0.1
Shareholders' Equity	210.96	210.11	207.34	205.28	210.96	201.48	193.04	185.56	170.9	155.04	150.52	129.48	216.02	202.47	196.24	194.69	174.89	157.25	140.01	116.74
Total Liabilities & Equity	280.01	284.21	291.24	293.53	302.76	309.91	320.02	318.73	321.61	316.21	326.35	340.55	421.44	398.33	371.37	364.23	326.4	276.08	260.79	232.09
Total Debt	14.61	16.13	17.63	19.1	20.57	22.01	22.34	23.67	24.38	26.05	27.7	56.29	31.04	32.54	19.62	20.52	10.25	11.16	12.1	12.01
Net Cash (Debt)	149.98	146.22	152.33	144.41	135.86	128.03	135.42	123.73	99.37	61.64	42.01	4.78	91.02	77	140.27	176.9	202.66	163.31	157.82	133.38
Net Cash Growth	10.40%	14.21%	12.49%	16.71%	36.72%	107.70%	222.34%	2490.14%	9.18%	-19.95%	-70.05%	-97.30%	-55.09%	-52.85%	-11.12%	32.63%	119.20%	106.53%	86.68%	32.66%
Net Cash Per Share	13.70	13.31	13.88	13.20	12.40	11.71	12.39	11.33	9.12	5.61	3.80	0.42	7.82	6.58	11.90	14.92	17.06	13.76	13.31	11.28
Filing Date Shares Outstanding	10.34	10.66	10.65	10.65	10.7	10.78	10.78	10.77	10.78	10.78	10.86	10.96	11.47	11.5	11.57	11.69	11.71	11.72	11.72	11.71
Total Common Shares Outstanding	10.34	10.66	10.65	10.65	10.7	10.78	10.78	10.77	10.78	10.81	10.87	10.96	11.51	11.55	11.58	11.69	11.71	11.72	11.72	11.71
Working Capital	152.93	150.24	152.6	149.14	142.4	131.73	114.16	113.92	98.58	81.89	75.33	55.14	143.23	137.03	140.14	150.34	136.96	122.96	105.48	84.64
Book Value Per Share	20.40	19.71	19.47	19.27	19.73	18.69	17.91	17.23	15.85	14.34	13.85	11.82	18.77	17.53	16.95	16.66	14.94	13.41	11.95	9.97
Tangible Book Value	210.96	210.11	207.34	205.28	210.96	201.48	193.04	185.56	170.9	155.04	150.52	129.48	216.02	202.47	196.24	194.69	174.89	157.25	140.01	116.74
Tangible Book Value Per Share	20.40	19.71	19.47	19.27	19.73	18.69	17.91	17.23	15.85	14.34	13.85	11.82	18.77	17.53	16.95	16.66	14.94	13.41	11.95	9.97
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