Adeshwar Meditex Balance Sheet Health
Financial Health criteria checks 4/6
Adeshwar Meditex has a total shareholder equity of ₹329.1M and total debt of ₹164.3M, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are ₹670.0M and ₹340.9M respectively. Adeshwar Meditex's EBIT is ₹49.2M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹19.0M.
Key information
49.9%
Debt to equity ratio
₹164.28m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹19.04m |
Equity | ₹329.11m |
Total liabilities | ₹340.92m |
Total assets | ₹670.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543309's short term assets (₹595.7M) exceed its short term liabilities (₹313.6M).
Long Term Liabilities: 543309's short term assets (₹595.7M) exceed its long term liabilities (₹27.3M).
Debt to Equity History and Analysis
Debt Level: 543309's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: 543309's debt to equity ratio has reduced from 85.5% to 49.9% over the past 5 years.
Debt Coverage: 543309's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 543309's interest payments on its debt are not well covered by EBIT (2.5x coverage).