Medicure Historical Balance Sheet

MPH Stock

CAD 0.89 0.14 18.67%

Trend analysis of Medicure balance sheet accounts such as Property Plant And Equipment Net of 888 K provides information on Medicure's total assets, liabilities, and equity, which is the actual value of Medicure to its prevalent stockholders. By breaking down trends over time using Medicure balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Medicure latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Medicure is a good buy for the upcoming year.

Medicure Inventory

2.41 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medicure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Medicure Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Medicure at a specified time, usually calculated after every quarter, six months, or one year. Medicure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Medicure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Medicure currently owns. An asset can also be divided into two categories, current and non-current.

Medicure Balance Sheet Chart

At this time, Medicure's Total Current Assets are fairly stable compared to the past year. Common Stock is likely to climb to about 98.8 M in 2025, despite the fact that Net Debt is likely to grow to (6.4 M).

Total Current Liabilities Property Plant And Equipment Net Retained Earnings Non Current Assets Total

Add Fundamental

Total Current Liabilities

Total Current Liabilities is an item on Medicure balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Medicure are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most accounts from Medicure's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Medicure current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medicure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Total Current Liabilities	8.4M	7.9M	9.1M	13.3M
Total Assets	29.9M	28.1M	32.3M	39.2M

Total Current Liabilities Total Assets

Medicure balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Inventory	Other Stockholder Equity	Intangible Assets	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Short Long Term Debt Total	Short Term Debt	Other Current Liab	Other Liab
Total Assets		0.97	0.72	0.78	0.54	0.16	0.6	0.84	0.4	0.55	0.6	0.9	0.9	0.77	0.37	0.88	0.83	-0.18	0.77	0.39	0.52	0.78	0.71	0.06	0.88	0.82
Total Current Liabilities	0.97		0.63	0.78	0.62	0.09	0.41	0.83	0.19	0.64	0.6	0.96	0.91	0.73	0.39	0.8	0.79	-0.2	0.77	0.5	0.45	0.79	0.7	0.06	0.95	0.82
Total Stockholder Equity	0.72	0.63		0.18	-0.18	0.48	0.75	0.25	0.7	0.69	0.52	0.66	0.34	0.96	0.24	0.78	0.44	-0.19	0.16	0.58	0.89	0.15	0.06	-0.33	0.54	0.21
Property Plant And Equipment Net	0.78	0.78	0.18		0.86	-0.03	0.31	0.99	0.04	0.05	0.3	0.6	0.94	0.22	0.16	0.65	0.89	-0.12	1.0	-0.11	-0.11	0.96	0.92	0.27	0.68	0.96
Net Debt	0.54	0.62	-0.18	0.86		-0.38	-0.13	0.86	-0.31	0.0	0.21	0.5	0.85	-0.05	0.25	0.27	0.59	0.02	0.88	-0.08	-0.29	0.92	0.92	0.48	0.64	0.9
Retained Earnings	0.16	0.09	0.48	-0.03	-0.38		0.42	-0.04	0.3	0.21	-0.43	0.12	-0.1	0.33	-0.71	0.25	0.11	-0.21	-0.06	0.17	0.27	-0.19	-0.09	-0.03	0.05	-0.13
Cash	0.6	0.41	0.75	0.31	-0.13	0.42		0.34	0.91	0.13	0.39	0.29	0.33	0.65	0.12	0.78	0.56	-0.17	0.28	-0.03	0.56	0.26	0.2	-0.18	0.22	0.31
Non Current Assets Total	0.84	0.83	0.25	0.99	0.86	-0.04	0.34		0.1	0.12	0.35	0.67	0.97	0.3	0.23	0.68	0.88	-0.11	0.99	-0.03	-0.01	0.98	0.93	0.28	0.74	0.98
Cash And Short Term Investments	0.4	0.19	0.7	0.04	-0.31	0.3	0.91	0.1		0.04	0.33	0.1	0.1	0.59	0.2	0.58	0.26	-0.1	0.02	-0.06	0.66	0.05	0.0	-0.18	0.03	0.09
Net Receivables	0.55	0.64	0.69	0.05	0.0	0.21	0.13	0.12	0.04		0.5	0.82	0.31	0.82	0.3	0.4	0.17	-0.12	0.04	0.98	0.73	0.09	0.02	-0.19	0.72	0.15
Common Stock Shares Outstanding	0.6	0.6	0.52	0.3	0.21	-0.43	0.39	0.35	0.33	0.5		0.58	0.48	0.63	0.88	0.64	0.49	-0.11	0.29	0.39	0.51	0.37	0.17	-0.37	0.51	0.39
Other Current Assets	0.9	0.96	0.66	0.6	0.5	0.12	0.29	0.67	0.1	0.82	0.58		0.79	0.79	0.37	0.68	0.63	-0.15	0.6	0.71	0.55	0.64	0.57	0.05	0.98	0.68
Total Liab	0.9	0.91	0.34	0.94	0.85	-0.1	0.33	0.97	0.1	0.31	0.48	0.79		0.44	0.34	0.69	0.84	-0.11	0.94	0.16	0.15	0.97	0.92	0.29	0.86	0.98
Total Current Assets	0.77	0.73	0.96	0.22	-0.05	0.33	0.65	0.3	0.59	0.82	0.63	0.79	0.44		0.38	0.74	0.43	-0.18	0.2	0.72	0.91	0.24	0.15	-0.22	0.68	0.31
Common Stock	0.37	0.39	0.24	0.16	0.25	-0.71	0.12	0.23	0.2	0.3	0.88	0.37	0.34	0.38		0.33	0.2	0.07	0.18	0.26	0.37	0.29	0.1	-0.28	0.33	0.28
Accounts Payable	0.88	0.8	0.78	0.65	0.27	0.25	0.78	0.68	0.58	0.4	0.64	0.68	0.69	0.74	0.33		0.86	-0.28	0.63	0.2	0.49	0.58	0.46	-0.24	0.61	0.63
Inventory	0.83	0.79	0.44	0.89	0.59	0.11	0.56	0.88	0.26	0.17	0.49	0.63	0.84	0.43	0.2	0.86		-0.23	0.87	-0.02	0.09	0.8	0.7	-0.02	0.62	0.82
Other Stockholder Equity	-0.18	-0.2	-0.19	-0.12	0.02	-0.21	-0.17	-0.11	-0.1	-0.12	-0.11	-0.15	-0.11	-0.18	0.07	-0.28	-0.23		-0.09	-0.06	-0.09	-0.05	-0.04	-0.03	-0.12	-0.07
Intangible Assets	0.77	0.77	0.16	1.0	0.88	-0.06	0.28	0.99	0.02	0.04	0.29	0.6	0.94	0.2	0.18	0.63	0.87	-0.09		-0.11	-0.12	0.97	0.93	0.29	0.68	0.96
Non Currrent Assets Other	0.39	0.5	0.58	-0.11	-0.08	0.17	-0.03	-0.03	-0.06	0.98	0.39	0.71	0.16	0.72	0.26	0.2	-0.02	-0.06	-0.11		0.69	-0.05	-0.09	-0.16	0.63	0.01
Other Assets	0.52	0.45	0.89	-0.11	-0.29	0.27	0.56	-0.01	0.66	0.73	0.51	0.55	0.15	0.91	0.37	0.49	0.09	-0.09	-0.12	0.69		-0.04	-0.1	-0.22	0.45	0.02
Non Current Liabilities Total	0.78	0.79	0.15	0.96	0.92	-0.19	0.26	0.98	0.05	0.09	0.37	0.64	0.97	0.24	0.29	0.58	0.8	-0.05	0.97	-0.05	-0.04		0.97	0.39	0.74	1.0
Short Long Term Debt Total	0.71	0.7	0.06	0.92	0.92	-0.09	0.2	0.93	0.0	0.02	0.17	0.57	0.92	0.15	0.1	0.46	0.7	-0.04	0.93	-0.09	-0.1	0.97		0.55	0.7	0.97
Short Term Debt	0.06	0.06	-0.33	0.27	0.48	-0.03	-0.18	0.28	-0.18	-0.19	-0.37	0.05	0.29	-0.22	-0.28	-0.24	-0.02	-0.03	0.29	-0.16	-0.22	0.39	0.55		0.2	0.38
Other Current Liab	0.88	0.95	0.54	0.68	0.64	0.05	0.22	0.74	0.03	0.72	0.51	0.98	0.86	0.68	0.33	0.61	0.62	-0.12	0.68	0.63	0.45	0.74	0.7	0.2		0.78
Other Liab	0.82	0.82	0.21	0.96	0.9	-0.13	0.31	0.98	0.09	0.15	0.39	0.68	0.98	0.31	0.28	0.63	0.82	-0.07	0.96	0.01	0.02	1.0	0.97	0.38	0.78

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Medicure Account Relationship Matchups

Medicure balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	34.1M	28.4M	29.9M	28.1M	32.3M	39.2M
Total Current Liabilities	12.3M	8.5M	8.4M	7.9M	9.1M	13.3M
Total Stockholder Equity	19.1M	18.4M	21.0M	19.9M	22.9M	15.4M
Property Plant And Equipment Net	1.6M	1.6M	1.2M	736K	846.4K	888.0K
Net Debt	(1.3M)	(2.5M)	(4.0M)	(5.8M)	(6.7M)	(6.4M)
Retained Earnings	(65.6M)	(66.3M)	(64.9M)	(65.9M)	(59.3M)	(62.2M)
Cash	2.7M	3.7M	4.9M	6.4M	5.7M	6.8M
Non Current Assets Total	18.4M	15.9M	15.1M	12.9M	14.8M	16.1M
Cash And Short Term Investments	2.7M	3.7M	4.9M	6.4M	5.7M	8.7M
Net Receivables	5.3M	4.7M	5.6M	4.8M	5.5M	7.7M
Common Stock Shares Outstanding	15.0M	10.7M	10.3M	10.4M	12.0M	10.8M
Liabilities And Stockholders Equity	34.1M	28.4M	29.9M	28.1M	32.3M	40.7M
Other Current Assets	2.6M	872K	1.1M	1.1M	1.3M	2.0M
Total Liab	14.9M	10.0M	8.9M	8.2M	9.4M	8.9M
Total Current Assets	15.7M	12.6M	14.8M	15.2M	17.5M	23.7M
Common Stock	122.9M	85.4M	80.9M	81.0M	93.2M	98.8M
Accounts Payable	7.0M	6.7M	7.1M	7.2M	8.3M	5.7M
Inventory	5.1M	3.3M	3.2M	2.9M	3.3M	2.4M
Other Stockholder Equity	10.3M	10.4M	10.5M	10.7M	9.7M	9.2M
Intangible Assets	13.6M	11.2M	10.6M	8.9M	10.3M	10.5M
Non Currrent Assets Other	156K	57K	63K	75K	67.5K	64.1K
Other Assets	12.2M	39K	156K	57K	65.6K	62.3K
Accumulated Other Comprehensive Income	(6.5M)	(6.6M)	(5.5M)	(6.0M)	(5.4M)	(5.1M)
Non Current Liabilities Total	2.6M	1.5M	503K	229K	206.1K	195.8K
Short Long Term Debt Total	1.4M	1.2M	849K	544K	489.6K	465.1K
Short Term Debt	367K	380K	346K	315K	283.5K	269.3K
Other Current Liab	2.3M	716K	179K	382K	343.8K	326.6K
Other Liab	3.2M	2.8M	1.5M	696K	626.4K	595.1K
Net Tangible Assets	81.9M	17.3M	2.6M	4.2M	4.9M	7.8M
Property Plant Equipment	316K	1.3M	1.6M	1.6M	1.9M	1.9M
Current Deferred Revenue	2.7M	748K	737K	16K	18.4K	17.5K
Capital Lease Obligations	1.4M	1.2M	849K	544K	625.6K	853.2K
Non Current Liabilities Other	3.2M	1.2M	386K	105K	94.5K	89.8K
Net Invested Capital	19.1M	18.4M	21.0M	19.9M	17.9M	30.8M
Net Working Capital	3.4M	4.0M	6.5M	7.3M	6.5M	6.2M

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Medicure Historical Balance Sheet

Medicure Inventory

2.41 Million

About Medicure Balance Sheet Analysis

Medicure Balance Sheet Chart

Total Current Liabilities

Property Plant And Equipment Net

Retained Earnings

Non Current Assets Total

Medicure balance sheet Correlations

Medicure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Medicure balance sheet Accounts

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COMMON DESTINATIONS

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COMPANY

Intangible Assets	+ 1.0	Property Plant And Equipment Net
Other Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Intangible Assets	+ 0.99	Non Current Assets Total
Non Current Liabilities Total	+ 0.98	Non Current Assets Total
Other Liab	+ 0.98	Non Current Assets Total

Common Stock	- 0.71	Retained Earnings
Common Stock Shares Outstanding	- 0.43	Retained Earnings
Retained Earnings	- 0.38	Net Debt
Short Term Debt	- 0.37	Common Stock Shares Outstanding
Short Term Debt	- 0.33	Total Stockholder Equity
Cash And Short Term Investments	- 0.31	Net Debt