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 19Is Now An Opportune Moment To Examine Aster DM Healthcare Limited (NSE:ASTERDM)?
Apr 03Is Aster DM Healthcare Limited (NSE:ASTERDM) Trading At A 42% Discount?
Mar 02Should You Investigate Aster DM Healthcare Limited (NSE:ASTERDM) At ₹186?
Dec 17Financial 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).