Global Health Balance Sheet Health
Financial Health criteria checks 6/6
Global Health has a total shareholder equity of ₹26.5B and total debt of ₹7.9B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are ₹40.8B and ₹14.3B respectively. Global Health's EBIT is ₹6.3B making its interest coverage ratio 15.7. It has cash and short-term investments of ₹9.7B.
Key information
29.9%
Debt to equity ratio
₹7.95b
Debt
Interest coverage ratio | 15.7x |
Cash | ₹9.74b |
Equity | ₹26.54b |
Total liabilities | ₹14.25b |
Total assets | ₹40.79b |
Recent financial health updates
Recent updates
Is Global Health (NSE:MEDANTA) A Risky Investment?
Mar 22Market Participants Recognise Global Health Limited's (NSE:MEDANTA) Earnings Pushing Shares 32% Higher
Feb 13There's Been No Shortage Of Growth Recently For Global Health's (NSE:MEDANTA) Returns On Capital
Jan 18With EPS Growth And More, Global Health (NSE:MEDANTA) Makes An Interesting Case
Dec 26Global Health Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jun 01Global Health Limited's (NSE:MEDANTA) Earnings Haven't Escaped The Attention Of Investors
Mar 30Financial Position Analysis
Short Term Liabilities: MEDANTA's short term assets (₹13.6B) exceed its short term liabilities (₹6.4B).
Long Term Liabilities: MEDANTA's short term assets (₹13.6B) exceed its long term liabilities (₹7.8B).
Debt to Equity History and Analysis
Debt Level: MEDANTA has more cash than its total debt.
Reducing Debt: MEDANTA's debt to equity ratio has reduced from 36.1% to 29.9% over the past 5 years.
Debt Coverage: MEDANTA's debt is well covered by operating cash flow (80.5%).
Interest Coverage: MEDANTA's interest payments on its debt are well covered by EBIT (15.7x coverage).