HealthCare Global Enterprises Balance Sheet Health
Financial Health criteria checks 2/6
HealthCare Global Enterprises has a total shareholder equity of ₹9.1B and total debt of ₹7.5B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are ₹30.7B and ₹21.6B respectively. HealthCare Global Enterprises's EBIT is ₹1.8B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹2.9B.
Key information
82.8%
Debt to equity ratio
₹7.50b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹2.90b |
| Equity | ₹9.06b |
| Total liabilities | ₹21.62b |
| Total assets | ₹30.67b |
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 Earnings - But Analysts Have Updated Their Models
Nov 13We Take A Look At Why HealthCare Global Enterprises Limited's (NSE:HCG) CEO Compensation Is Well Earned
Sep 19HealthCare 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 27Financial Position Analysis
Short Term Liabilities: HCG's short term assets (₹7.5B) do not cover its short term liabilities (₹8.4B).
Long Term Liabilities: HCG's short term assets (₹7.5B) do not cover its long term liabilities (₹13.3B).
Debt to Equity History and Analysis
Debt Level: HCG's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: HCG's debt to equity ratio has reduced from 117.5% to 82.8% over the past 5 years.
Debt Coverage: HCG's debt is well covered by operating cash flow (46.2%).
Interest Coverage: HCG's interest payments on its debt are not well covered by EBIT (1.7x coverage).