DocMode Health Technologies Balance Sheet Health
Financial Health criteria checks 3/6
DocMode Health Technologies has a total shareholder equity of ₹103.7M and total debt of ₹91.8M, which brings its debt-to-equity ratio to 88.5%. Its total assets and total liabilities are ₹264.0M and ₹160.2M respectively. DocMode Health Technologies's EBIT is ₹18.6M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹32.7M.
Key information
88.5%
Debt to equity ratio
₹91.80m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹32.65m |
| Equity | ₹103.75m |
| Total liabilities | ₹160.21m |
| Total assets | ₹263.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DHTL's short term assets (₹155.1M) exceed its short term liabilities (₹109.8M).
Long Term Liabilities: DHTL's short term assets (₹155.1M) exceed its long term liabilities (₹50.4M).
Debt to Equity History and Analysis
Debt Level: DHTL's net debt to equity ratio (57%) is considered high.
Reducing Debt: Insufficient data to determine if DHTL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DHTL's debt is well covered by operating cash flow (49.1%).
Interest Coverage: DHTL's interest payments on its debt are not well covered by EBIT (1.1x coverage).