Aster DM Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Aster DM Healthcare has a total shareholder equity of ₹36.0B and total debt of ₹5.9B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are ₹66.9B and ₹30.9B respectively. Aster DM Healthcare's EBIT is ₹4.6B making its interest coverage ratio 4.3. It has cash and short-term investments of ₹15.8B.
Key information
16.4%
Debt to equity ratio
₹5.91b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹15.78b |
| Equity | ₹36.02b |
| Total liabilities | ₹30.86b |
| Total assets | ₹66.88b |
Recent financial health updates
Aster DM Healthcare (NSE:ASTERDM) Takes On Some Risk With Its Use Of Debt
May 30
Here's Why Aster DM Healthcare (NSE:ASTERDM) Can Manage Its Debt Responsibly
Feb 07Recent updates
Aster DM Healthcare's (NSE:ASTERDM) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 31Here's What's Concerning About Aster DM Healthcare's (NSE:ASTERDM) Returns On Capital
Oct 14Aster DM Healthcare Limited's (NSE:ASTERDM) Popularity With Investors Is Under Threat From Overpricing
Jul 20Capital Allocation Trends At Aster DM Healthcare (NSE:ASTERDM) Aren't Ideal
Jun 23Aster DM Healthcare (NSE:ASTERDM) Takes On Some Risk With Its Use Of Debt
May 30With Aster DM Healthcare Limited (NSE:ASTERDM) It Looks Like You'll Get What You Pay For
Apr 14Aster DM Healthcare Limited (NSE:ASTERDM) Shares Could Be 39% Below Their Intrinsic Value Estimate
Mar 27Earnings Beat: Aster DM Healthcare Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 12Here's Why Aster DM Healthcare (NSE:ASTERDM) Can Manage Its Debt Responsibly
Feb 07There's Been No Shortage Of Growth Recently For Aster DM Healthcare's (NSE:ASTERDM) Returns On Capital
Jan 19Financial Position Analysis
Short Term Liabilities: ASTERDM's short term assets (₹21.0B) exceed its short term liabilities (₹10.9B).
Long Term Liabilities: ASTERDM's short term assets (₹21.0B) exceed its long term liabilities (₹20.0B).
Debt to Equity History and Analysis
Debt Level: ASTERDM has more cash than its total debt.
Reducing Debt: ASTERDM's debt to equity ratio has reduced from 72.4% to 16.4% over the past 5 years.
Debt Coverage: ASTERDM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASTERDM's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:19 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aster DM Healthcare Limited is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijayaraghavan Swaminathan | Avendus Spark |
| Harith Ahamed | Avendus Spark |
| Kunal Randeria | Axis Capital Limited |