Max Healthcare Institute Balance Sheet Health
Financial Health criteria checks 6/6
Max Healthcare Institute has a total shareholder equity of ₹78.5B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₹106.6B and ₹28.1B respectively. Max Healthcare Institute's EBIT is ₹12.3B making its interest coverage ratio -11.6. It has cash and short-term investments of ₹17.9B.
Key information
8.4%
Debt to equity ratio
₹6.60b
Debt
Interest coverage ratio | -11.6x |
Cash | ₹17.92b |
Equity | ₹78.46b |
Total liabilities | ₹28.10b |
Total assets | ₹106.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543220's short term assets (₹23.7B) exceed its short term liabilities (₹11.3B).
Long Term Liabilities: 543220's short term assets (₹23.7B) exceed its long term liabilities (₹16.8B).
Debt to Equity History and Analysis
Debt Level: 543220 has more cash than its total debt.
Reducing Debt: 543220's debt to equity ratio has reduced from 100.7% to 8.4% over the past 5 years.
Debt Coverage: 543220's debt is well covered by operating cash flow (175.2%).
Interest Coverage: 543220 earns more interest than it pays, so coverage of interest payments is not a concern.