Max Healthcare Institute Balance Sheet Health
Financial Health criteria checks 6/6
Max Healthcare Institute has a total shareholder equity of ₹78.5B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₹106.6B and ₹28.1B respectively. Max Healthcare Institute's EBIT is ₹12.3B making its interest coverage ratio -11.6. It has cash and short-term investments of ₹17.9B.
Key information
8.4%
Debt to equity ratio
₹6.60b
Debt
Interest coverage ratio | -11.6x |
Cash | ₹17.92b |
Equity | ₹78.46b |
Total liabilities | ₹28.10b |
Total assets | ₹106.56b |
Recent financial health updates
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 22Max Healthcare Institute (NSE:MAXHEALTH) Seems To Use Debt Quite Sensibly
Jul 15Recent updates
Max 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 24Is Max Healthcare Institute (NSE:MAXHEALTH) Using Too Much Debt?
Jul 24Max Healthcare Institute Limited (NSE:MAXHEALTH) Just Reported Full-Year Earnings And Analysts Are Lifting Their Estimates
Jun 01Have Insiders Been Buying Max Healthcare Institute Limited (NSE:MAXHEALTH) Shares This Year?
Feb 21What Percentage Of Max Healthcare Institute Limited (NSE:MAXHEALTH) Shares Do Insiders Own?
Jan 16We Think Max Healthcare Institute (NSE:MAXHEALTH) Is Taking Some Risk With Its Debt
Dec 20Who Has Been Buying Max Healthcare Institute Limited (NSE:MAXHEALTH) Shares?
Nov 15What Type Of Shareholders Own The Most Number of Max Healthcare Institute Limited (NSE:MAXHEALTH) Shares?
Oct 02Financial Position Analysis
Short Term Liabilities: MAXHEALTH's short term assets (₹23.7B) exceed its short term liabilities (₹11.3B).
Long Term Liabilities: MAXHEALTH's short term assets (₹23.7B) exceed its long term liabilities (₹16.8B).
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 100.7% to 8.4% over the past 5 years.
Debt Coverage: MAXHEALTH's debt is well covered by operating cash flow (175.2%).
Interest Coverage: MAXHEALTH earns more interest than it pays, so coverage of interest payments is not a concern.