Medifast, Inc.

NYSE MED

Medifast, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.10

Medifast, Inc. Debt to Equity Ratio is 0.10 for the Trailing 12 Months (TTM) ending September 30, 2024, a -29.78% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Medifast, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.14, a -35.21% change year over year.
Medifast, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.21, a 148.16% change year over year.
Medifast, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.09, a -20.40% change year over year.
Medifast, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.11.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NYSE: MED

Medifast, Inc.

CEO	Mr. Daniel R. Chard
IPO Date	Dec. 30, 1993
Location	United States
Headquarters	100 International Drive
Employees	634
Sector	Consumers Staples
Industries Snack Foods Consumer Packaged Goods Fast Food Food & Beverages Frozen Foods Non-Alcoholic Beverages Personal Care Restaurants Soft Drinks & Sodas

Description

Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.

Key trends

Past 5 years