Chennai Meenakshi Multispeciality Hospital Balance Sheet Health
Financial Health criteria checks 2/6
Chennai Meenakshi Multispeciality Hospital has a total shareholder equity of ₹1.8M and total debt of ₹106.3M, which brings its debt-to-equity ratio to 5996.8%. Its total assets and total liabilities are ₹225.4M and ₹223.7M respectively. Chennai Meenakshi Multispeciality Hospital's EBIT is ₹11.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹43.6M.
Key information
5,996.8%
Debt to equity ratio
₹106.26m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹43.60m |
Equity | ₹1.77m |
Total liabilities | ₹223.66m |
Total assets | ₹225.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523489's short term assets (₹86.2M) do not cover its short term liabilities (₹107.9M).
Long Term Liabilities: 523489's short term assets (₹86.2M) do not cover its long term liabilities (₹115.7M).
Debt to Equity History and Analysis
Debt Level: 523489's net debt to equity ratio (3536.2%) is considered high.
Reducing Debt: 523489 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 523489's debt is well covered by operating cash flow (25.6%).
Interest Coverage: 523489's interest payments on its debt are not well covered by EBIT (1.9x coverage).