Max Healthcare Institute Balance Sheet Health
Financial Health criteria checks 5/6
Max Healthcare Institute has a total shareholder equity of ₹88.0B and total debt of ₹11.9B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹131.3B and ₹43.3B respectively. Max Healthcare Institute's EBIT is ₹13.4B making its interest coverage ratio -18.9. It has cash and short-term investments of ₹12.9B.
Key information
13.5%
Debt to equity ratio
₹11.87b
Debt
| Interest coverage ratio | -18.9x |
| Cash | ₹12.86b |
| Equity | ₹87.99b |
| Total liabilities | ₹43.28b |
| Total assets | ₹131.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543220's short term assets (₹19.8B) exceed its short term liabilities (₹15.7B).
Long Term Liabilities: 543220's short term assets (₹19.8B) do not cover its long term liabilities (₹27.6B).
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 63.5% to 13.5% over the past 5 years.
Debt Coverage: 543220's debt is well covered by operating cash flow (110.6%).
Interest Coverage: 543220 earns more interest than it pays, so coverage of interest payments is not a concern.