HealthCare Global Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
HealthCare Global Enterprises has a total shareholder equity of ₹8.6B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are ₹24.2B and ₹15.6B respectively. HealthCare Global Enterprises's EBIT is ₹1.4B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.5B.
Key information
113.9%
Debt to equity ratio
₹9.80b
Debt
Interest coverage ratio | 1.7x |
Cash | ₹1.46b |
Equity | ₹8.60b |
Total liabilities | ₹15.58b |
Total assets | ₹24.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539787's short term assets (₹5.9B) do not cover its short term liabilities (₹6.4B).
Long Term Liabilities: 539787's short term assets (₹5.9B) do not cover its long term liabilities (₹9.2B).
Debt to Equity History and Analysis
Debt Level: 539787's net debt to equity ratio (97%) is considered high.
Reducing Debt: 539787's debt to equity ratio has increased from 97.9% to 113.9% over the past 5 years.
Debt Coverage: 539787's debt is well covered by operating cash flow (22.4%).
Interest Coverage: 539787's interest payments on its debt are not well covered by EBIT (1.7x coverage).