Artemis Medicare Services Balance Sheet Health
Financial Health criteria checks 2/6
Artemis Medicare Services has a total shareholder equity of ₹4.3B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are ₹9.6B and ₹5.3B respectively. Artemis Medicare Services's EBIT is ₹833.6M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹557.0M.
Key information
75.5%
Debt to equity ratio
₹3.23b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹557.03m |
Equity | ₹4.28b |
Total liabilities | ₹5.33b |
Total assets | ₹9.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542919's short term assets (₹1.9B) do not cover its short term liabilities (₹1.9B).
Long Term Liabilities: 542919's short term assets (₹1.9B) do not cover its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 542919's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: 542919's debt to equity ratio has increased from 39% to 75.5% over the past 5 years.
Debt Coverage: 542919's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 542919's interest payments on its debt are well covered by EBIT (3.7x coverage).