Dr. Agarwal's Eye Hospital Balance Sheet Health
Financial Health criteria checks 4/6
Dr. Agarwal's Eye Hospital has a total shareholder equity of ₹1.6B and total debt of ₹513.0M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are ₹5.0B and ₹3.4B respectively. Dr. Agarwal's Eye Hospital's EBIT is ₹644.5M making its interest coverage ratio 9. It has cash and short-term investments of ₹337.4M.
Key information
32.6%
Debt to equity ratio
₹513.00m
Debt
Interest coverage ratio | 9x |
Cash | ₹337.40m |
Equity | ₹1.57b |
Total liabilities | ₹3.39b |
Total assets | ₹4.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526783's short term assets (₹598.3M) do not cover its short term liabilities (₹807.7M).
Long Term Liabilities: 526783's short term assets (₹598.3M) do not cover its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 526783's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 526783's debt to equity ratio has reduced from 52.1% to 32.6% over the past 5 years.
Debt Coverage: 526783's debt is well covered by operating cash flow (175%).
Interest Coverage: 526783's interest payments on its debt are well covered by EBIT (9x coverage).