
MDC Partners Inc. Balance Sheet 2020-2011 | MDCA
Brief overview of MDC Partners Inc.'s balance sheet structure
The review uses the five latest available annual reports between 2015 and 2020.
The asset base was stable: the change from $1.6 billion to $1.5 billion does not indicate a material increase in scale.
The growth rates were balanced: assets changed -5%, while liabilities changed -7.6%.
The balance sheet carries negative retained earnings of -$709.8 million. The figure may result from accumulated losses or an active capital return policy.
Balance sheet takeaway
MDC Partners Inc.'s financial structure is not clear-cut. Asset scale alone does not resolve questions about how those assets are funded.
Annual Balance Sheet MDC Partners Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
783 M | 1.05 B | 924 M | - | 909 M | 680 M | 623 M | 563 M | 371 M | 377 M |
Long Term Debt |
843 M | 888 M | 954 M | - | 936 M | 741 M | 743 M | 665 M | 430 M | 384 M |
Total Non Current Liabilities |
1.23 B | 1.2 B | 1.12 B | - | 1.28 B | 1.16 B | 1.18 B | 1.01 B | 741 M | 535 M |
Total Current Liabilities |
691 M | 820 M | 743 M | - | 803 M | 913 M | 822 M | 690 M | 689 M | 426 M |
Total Liabilities |
1.92 B | 2.02 B | 1.86 B | - | 2.08 B | 2.08 B | 2 B | 1.7 B | 1.43 B | 961 M |
Deferred Revenue |
153 M | 172 M | 139 M | - | 134 M | 119 M | 143 M | 150 M | 132 M | 122 M |
Retained Earnings |
-710 M | -470 M | -465 M | - | -575 M | -527 M | -490 M | -466 M | -317 M | -231 M |
Total Assets |
1.51 B | 1.84 B | 1.61 B | - | 1.58 B | 1.59 B | 1.65 B | 1.43 B | 1.34 B | 1.06 B |
All numbers in USD currency
Balance Sheet is a fundamental financial report of MDC Partners Inc., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
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