Viemed Healthcare, Inc. (VMD) Social Stream
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$VMD VMD's balance sheet in Q2 2021 is getting stronger than in Q1 2021 because VMD reduced its debt sequentially, so VMD increased its NET CASH position on a sequential basis.thinkandpick, published August 3, 2021
Specifically, VMD's negative net debt was $24.5 million in Q2 2021 versus $23.9 million in Q1 2021.
To say it differently, VMD's cash & cash equivalents in Q2 2021 exceed the interest-bearing debt by $24.5 million.
Thanks to this pristine balance sheet, VMD will continue implementing its growth strategy in the next months.
And this growth strategy includes both organic growth and inorganic growth through the acquisition of other smaller names, as mentioned many times by the CEO and COO in the previous Conference Call.