Adeshwar Meditex Balance Sheet Health
Financial Health criteria checks 5/6
Adeshwar Meditex has a total shareholder equity of ₹349.1M and total debt of ₹138.9M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are ₹640.4M and ₹291.3M respectively. Adeshwar Meditex's EBIT is ₹47.3M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹11.6M.
Key information
39.8%
Debt to equity ratio
₹138.88m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹11.58m |
| Equity | ₹349.10m |
| Total liabilities | ₹291.27m |
| Total assets | ₹640.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543309's short term assets (₹571.2M) exceed its short term liabilities (₹277.3M).
Long Term Liabilities: 543309's short term assets (₹571.2M) exceed its long term liabilities (₹13.9M).
Debt to Equity History and Analysis
Debt Level: 543309's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 543309's debt to equity ratio has reduced from 126.1% to 39.8% over the past 5 years.
Debt Coverage: 543309's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 543309's interest payments on its debt are not well covered by EBIT (2.7x coverage).