Lotus Eye Hospital and Institute Balance Sheet Health
Financial Health criteria checks 5/6
Lotus Eye Hospital and Institute has a total shareholder equity of ₹587.4M and total debt of ₹4.4M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹668.1M and ₹80.7M respectively. Lotus Eye Hospital and Institute's EBIT is ₹42.0M making its interest coverage ratio -11. It has cash and short-term investments of ₹94.5M.
Key information
0.7%
Debt to equity ratio
₹4.37m
Debt
Interest coverage ratio | -11x |
Cash | ₹94.54m |
Equity | ₹587.44m |
Total liabilities | ₹80.70m |
Total assets | ₹668.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532998's short term assets (₹164.1M) exceed its short term liabilities (₹76.7M).
Long Term Liabilities: 532998's short term assets (₹164.1M) exceed its long term liabilities (₹4.0M).
Debt to Equity History and Analysis
Debt Level: 532998 has more cash than its total debt.
Reducing Debt: 532998's debt to equity ratio has increased from 0.4% to 0.7% over the past 5 years.
Debt Coverage: 532998's debt is well covered by operating cash flow (1300.2%).
Interest Coverage: 532998 earns more interest than it pays, so coverage of interest payments is not a concern.