Tejnaksh Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Tejnaksh Healthcare has a total shareholder equity of ₹247.9M and total debt of ₹28.7M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ₹320.8M and ₹72.9M respectively. Tejnaksh Healthcare's EBIT is ₹32.9M making its interest coverage ratio 9.7. It has cash and short-term investments of ₹17.4M.
Key information
11.6%
Debt to equity ratio
₹28.75m
Debt
| Interest coverage ratio | 9.7x |
| Cash | ₹17.39m |
| Equity | ₹247.88m |
| Total liabilities | ₹72.90m |
| Total assets | ₹320.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539428's short term assets (₹76.5M) exceed its short term liabilities (₹16.4M).
Long Term Liabilities: 539428's short term assets (₹76.5M) exceed its long term liabilities (₹56.5M).
Debt to Equity History and Analysis
Debt Level: 539428's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 539428's debt to equity ratio has reduced from 43.8% to 11.6% over the past 5 years.
Debt Coverage: 539428's debt is well covered by operating cash flow (46.1%).
Interest Coverage: 539428's interest payments on its debt are well covered by EBIT (9.7x coverage).