Max Healthcare Institute Balance Sheet Health
Financial Health criteria checks 5/6
Max Healthcare Institute has a total shareholder equity of ₹88.0B and total debt of ₹11.9B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ₹131.3B and ₹43.3B respectively. Max Healthcare Institute's EBIT is ₹13.4B making its interest coverage ratio -18.9. It has cash and short-term investments of ₹12.9B.
Key information
13.5%
Debt to equity ratio
₹11.87b
Debt
| Interest coverage ratio | -18.9x |
| Cash | ₹12.86b |
| Equity | ₹87.99b |
| Total liabilities | ₹43.28b |
| Total assets | ₹131.27b |
Recent financial health updates
Is Max Healthcare Institute (NSE:MAXHEALTH) A Risky Investment?
Jul 18
Max Healthcare Institute (NSE:MAXHEALTH) Seems To Use Debt Rather Sparingly
Jan 08Max Healthcare Institute (NSE:MAXHEALTH) Could Easily Take On More Debt
Sep 20Max Healthcare Institute (NSE:MAXHEALTH) Could Easily Take On More Debt
Jun 19Is Max Healthcare Institute (NSE:MAXHEALTH) A Risky Investment?
Feb 22Max Healthcare Institute (NSE:MAXHEALTH) Has A Rock Solid Balance Sheet
Nov 22Recent updates
Max Healthcare Institute Limited Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next
Nov 09Shareholders May Be More Conservative With Max Healthcare Institute Limited's (NSE:MAXHEALTH) CEO Compensation For Now
Sep 14Is Max Healthcare Institute (NSE:MAXHEALTH) A Risky Investment?
Jul 18Max Healthcare Institute Limited's (NSE:MAXHEALTH) P/S Is On The Mark
Jun 21Max Healthcare Institute Limited (NSE:MAXHEALTH) Fell Short of Analyst Expectations: Here's What You Need To Know
May 25Here's Why We Think Max Healthcare Institute (NSE:MAXHEALTH) Might Deserve Your Attention Today
Apr 14Max Healthcare Institute Limited's (NSE:MAXHEALTH) Earnings Haven't Escaped The Attention Of Investors
Mar 18Revenue Miss: Max Healthcare Institute Limited Fell 21% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Feb 03Max Healthcare Institute (NSE:MAXHEALTH) Seems To Use Debt Rather Sparingly
Jan 08Max Healthcare Institute Limited's (NSE:MAXHEALTH) P/E Still Appears To Be Reasonable
Dec 18With EPS Growth And More, Max Healthcare Institute (NSE:MAXHEALTH) Makes An Interesting Case
Oct 26Max Healthcare Institute (NSE:MAXHEALTH) Could Easily Take On More Debt
Sep 20Is Now The Time To Put Max Healthcare Institute (NSE:MAXHEALTH) On Your Watchlist?
Jul 07Max Healthcare Institute (NSE:MAXHEALTH) Could Easily Take On More Debt
Jun 19Pinning Down Max Healthcare Institute Limited's (NSE:MAXHEALTH) P/E Is Difficult Right Now
Apr 11With EPS Growth And More, Max Healthcare Institute (NSE:MAXHEALTH) Makes An Interesting Case
Mar 15Is Max Healthcare Institute (NSE:MAXHEALTH) A Risky Investment?
Feb 22Max Healthcare Institute (NSE:MAXHEALTH) Has A Rock Solid Balance Sheet
Nov 22Here's Why Max Healthcare Institute (NSE:MAXHEALTH) Has Caught The Eye Of Investors
Oct 26Max Healthcare Institute (NSE:MAXHEALTH) Seems To Use Debt Quite Sensibly
Jul 15Here's Why Max Healthcare Institute (NSE:MAXHEALTH) Can Manage Its Debt Responsibly
Mar 09Max Healthcare Institute's (NSE:MAXHEALTH) Solid Profits Have Weak Fundamentals
Nov 24Financial Position Analysis
Short Term Liabilities: MAXHEALTH's short term assets (₹19.8B) exceed its short term liabilities (₹15.7B).
Long Term Liabilities: MAXHEALTH's short term assets (₹19.8B) do not cover its long term liabilities (₹27.6B).
Debt to Equity History and Analysis
Debt Level: MAXHEALTH has more cash than its total debt.
Reducing Debt: MAXHEALTH's debt to equity ratio has reduced from 63.5% to 13.5% over the past 5 years.
Debt Coverage: MAXHEALTH's debt is well covered by operating cash flow (110.6%).
Interest Coverage: MAXHEALTH earns more interest than it pays, so coverage of interest payments is not a concern.