HealthCare Global Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
HealthCare Global Enterprises has a total shareholder equity of ₹8.6B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are ₹24.2B and ₹15.6B respectively. HealthCare Global Enterprises's EBIT is ₹1.4B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.5B.
Key information
113.9%
Debt to equity ratio
₹9.80b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹1.46b |
| Equity | ₹8.60b |
| Total liabilities | ₹15.58b |
| Total assets | ₹24.19b |
Recent financial health updates
Does HealthCare Global Enterprises (NSE:HCG) Have A Healthy Balance Sheet?
Jun 24
Is HealthCare Global Enterprises (NSE:HCG) Using Too Much Debt?
Dec 08Here's Why HealthCare Global Enterprises (NSE:HCG) Can Afford Some Debt
Jan 27Recent updates
HealthCare Global Enterprises Limited Just Missed EPS By 79%: Here's What Analysts Think Will Happen Next
Feb 11We Think Shareholders Will Probably Be Generous With HealthCare Global Enterprises Limited's (NSE:HCG) CEO Compensation
Sep 14A Look At The Fair Value Of HealthCare Global Enterprises Limited (NSE:HCG)
Sep 05HealthCare Global Enterprises Limited's (NSE:HCG) Business Is Yet to Catch Up With Its Share Price
May 17Does HealthCare Global Enterprises (NSE:HCG) Have A Healthy Balance Sheet?
Jun 24Shareholders Shouldn’t Be Too Comfortable With HealthCare Global Enterprises' (NSE:HCG) Strong Earnings
Jun 03Is HealthCare Global Enterprises (NSE:HCG) Using Too Much Debt?
Dec 08What Does HealthCare Global Enterprises Limited's (NSE:HCG) Share Price Indicate?
Jun 25Insider Buying: The HealthCare Global Enterprises Limited (NSE:HCG) Executive Chairman Just Bought ₹2.4m Worth Of Shares
Mar 14The HealthCare Global Enterprises (NSE:HCG) Share Price Is Up 51% And Shareholders Are Holding On
Mar 03Here's Why HealthCare Global Enterprises (NSE:HCG) Can Afford Some Debt
Jan 27How Many HealthCare Global Enterprises Limited (NSE:HCG) Shares Did Insiders Buy, In The Last Year?
Dec 23
Reflecting on HealthCare Global Enterprises' (NSE:HCG) Share Price Returns Over The Last Three Years
Nov 10What Type Of Shareholders Own The Most Number of HealthCare Global Enterprises Limited (NSE:HCG) Shares?
Sep 18HealthCare Global Enterprises' (NSE:HCG) Shareholders Are Down 52% On Their Shares
Aug 07Financial Position Analysis
Short Term Liabilities: HCG's short term assets (₹5.9B) do not cover its short term liabilities (₹6.4B).
Long Term Liabilities: HCG's short term assets (₹5.9B) do not cover its long term liabilities (₹9.2B).
Debt to Equity History and Analysis
Debt Level: HCG's net debt to equity ratio (97%) is considered high.
Reducing Debt: HCG's debt to equity ratio has increased from 97.9% to 113.9% over the past 5 years.
Debt Coverage: HCG's debt is well covered by operating cash flow (22.4%).
Interest Coverage: HCG's interest payments on its debt are not well covered by EBIT (1.7x coverage).