Artemis Medicare Services Balance Sheet Health
Financial Health criteria checks 2/6
Artemis Medicare Services has a total shareholder equity of ₹4.3B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are ₹9.6B and ₹5.3B respectively. Artemis Medicare Services's EBIT is ₹833.6M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹557.0M.
Key information
75.5%
Debt to equity ratio
₹3.23b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹557.03m |
| Equity | ₹4.28b |
| Total liabilities | ₹5.33b |
| Total assets | ₹9.61b |
Recent financial health updates
Artemis Medicare Services (NSE:ARTEMISMED) Has A Pretty Healthy Balance Sheet
Jun 14
Artemis Medicare Services (NSE:ARTEMISMED) Has A Somewhat Strained Balance Sheet
Mar 15Is Artemis Medicare Services (NSE:ARTEMISMED) A Risky Investment?
Jul 30Artemis Medicare Services (NSE:ARTEMISMED) Has A Pretty Healthy Balance Sheet
Dec 10Artemis Medicare Services (NSE:ARTEMISMED) Has A Somewhat Strained Balance Sheet
Jul 01We Think Artemis Medicare Services (NSE:ARTEMISMED) Is Taking Some Risk With Its Debt
Mar 16Recent updates
After Leaping 27% Artemis Medicare Services Limited (NSE:ARTEMISMED) Shares Are Not Flying Under The Radar
Apr 13Artemis Medicare Services (NSE:ARTEMISMED) Has A Pretty Healthy Balance Sheet
Jun 14Artemis Medicare Services (NSE:ARTEMISMED) Has A Somewhat Strained Balance Sheet
Mar 15Capital Allocation Trends At Artemis Medicare Services (NSE:ARTEMISMED) Aren't Ideal
Aug 31Is Artemis Medicare Services (NSE:ARTEMISMED) A Risky Investment?
Jul 30Artemis Medicare Services (NSE:ARTEMISMED) Is Reinvesting At Lower Rates Of Return
May 13Returns On Capital At Artemis Medicare Services (NSE:ARTEMISMED) Paint A Concerning Picture
Jan 11Artemis Medicare Services (NSE:ARTEMISMED) Has A Pretty Healthy Balance Sheet
Dec 10There Are Reasons To Feel Uneasy About Artemis Medicare Services' (NSE:ARTEMISMED) Returns On Capital
Sep 11Artemis Medicare Services (NSE:ARTEMISMED) Has A Somewhat Strained Balance Sheet
Jul 01There Are Reasons To Feel Uneasy About Artemis Medicare Services' (NSE:ARTEMISMED) Returns On Capital
May 11We Think Artemis Medicare Services (NSE:ARTEMISMED) Is Taking Some Risk With Its Debt
Mar 16Is Artemis Medicare Services (NSE:ARTEMISMED) Likely To Turn Things Around?
Jan 22Is Artemis Medicare Services (NSE:ARTEMISMED) A Risky Investment?
Nov 13Market Still Lacking Some Conviction On Artemis Medicare Services Limited (NSE:ARTEMISMED)
Jul 20Financial Position Analysis
Short Term Liabilities: ARTEMISMED's short term assets (₹1.9B) do not cover its short term liabilities (₹1.9B).
Long Term Liabilities: ARTEMISMED's short term assets (₹1.9B) do not cover its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: ARTEMISMED's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: ARTEMISMED's debt to equity ratio has increased from 39% to 75.5% over the past 5 years.
Debt Coverage: ARTEMISMED's debt is well covered by operating cash flow (35.7%).
Interest Coverage: ARTEMISMED's interest payments on its debt are well covered by EBIT (3.7x coverage).