Fortis Healthcare Limited

BSE:532843 Stock Report

Market Cap: ₹311.9b

Fortis Healthcare Balance Sheet Health

Financial Health criteria checks 4/6

Fortis Healthcare has a total shareholder equity of ₹84.8B and total debt of ₹10.3B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ₹127.9B and ₹43.1B respectively. Fortis Healthcare's EBIT is ₹8.2B making its interest coverage ratio 10.9. It has cash and short-term investments of ₹3.4B.

Key information

12.2%

Debt to equity ratio

₹10.33b

Debt

Interest coverage ratio10.9x
Cash₹3.42b
Equity₹84.80b
Total liabilities₹43.05b
Total assets₹127.85b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 532843's short term assets (₹12.6B) do not cover its short term liabilities (₹29.1B).

Long Term Liabilities: 532843's short term assets (₹12.6B) do not cover its long term liabilities (₹13.9B).


Debt to Equity History and Analysis

Debt Level: 532843's net debt to equity ratio (8.1%) is considered satisfactory.

Reducing Debt: 532843's debt to equity ratio has reduced from 35.7% to 12.2% over the past 5 years.

Debt Coverage: 532843's debt is well covered by operating cash flow (98.5%).

Interest Coverage: 532843's interest payments on its debt are well covered by EBIT (10.9x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.