Aashka Hospitals Balance Sheet Health
Financial Health criteria checks 4/6
Aashka Hospitals has a total shareholder equity of ₹943.4M and total debt of ₹250.3M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are ₹1.2B and ₹282.9M respectively.
Key information
26.5%
Debt to equity ratio
₹250.34m
Debt
Interest coverage ratio | n/a |
Cash | ₹9.72m |
Equity | ₹943.41m |
Total liabilities | ₹282.88m |
Total assets | ₹1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543346's short term assets (₹137.2M) do not cover its short term liabilities (₹156.9M).
Long Term Liabilities: 543346's short term assets (₹137.2M) exceed its long term liabilities (₹125.9M).
Debt to Equity History and Analysis
Debt Level: 543346's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543346's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 543346 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 543346 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.5% per year.