Dr. Agarwal's Eye Hospital Balance Sheet Health
Financial Health criteria checks 3/6
Dr. Agarwal's Eye Hospital has a total shareholder equity of ₹1.8B and total debt of ₹775.6M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are ₹5.7B and ₹3.8B respectively. Dr. Agarwal's Eye Hospital's EBIT is ₹730.7M making its interest coverage ratio 8.6. It has cash and short-term investments of ₹149.6M.
Key information
42.1%
Debt to equity ratio
₹775.60m
Debt
| Interest coverage ratio | 8.6x |
| Cash | ₹149.60m |
| Equity | ₹1.84b |
| Total liabilities | ₹3.85b |
| Total assets | ₹5.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526783's short term assets (₹609.5M) do not cover its short term liabilities (₹861.8M).
Long Term Liabilities: 526783's short term assets (₹609.5M) do not cover its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 526783's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 526783's debt to equity ratio has increased from 33.2% to 42.1% over the past 5 years.
Debt Coverage: 526783's debt is well covered by operating cash flow (108.5%).
Interest Coverage: 526783's interest payments on its debt are well covered by EBIT (8.6x coverage).