Tejnaksh Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Tejnaksh Healthcare has a total shareholder equity of ₹232.0M and total debt of ₹56.3M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ₹318.6M and ₹86.6M respectively. Tejnaksh Healthcare's EBIT is ₹23.1M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹41.5M.
Key information
24.3%
Debt to equity ratio
₹56.29m
Debt
Interest coverage ratio | 4.3x |
Cash | ₹41.54m |
Equity | ₹231.96m |
Total liabilities | ₹86.63m |
Total assets | ₹318.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539428's short term assets (₹64.7M) exceed its short term liabilities (₹16.2M).
Long Term Liabilities: 539428's short term assets (₹64.7M) do not cover its long term liabilities (₹70.4M).
Debt to Equity History and Analysis
Debt Level: 539428's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 539428's debt to equity ratio has reduced from 52.4% to 24.3% over the past 5 years.
Debt Coverage: 539428's debt is well covered by operating cash flow (51.1%).
Interest Coverage: 539428's interest payments on its debt are well covered by EBIT (4.3x coverage).