Global Health Balance Sheet Health
Financial Health criteria checks 6/6
Global Health has a total shareholder equity of ₹29.1B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ₹43.0B and ₹14.0B respectively. Global Health's EBIT is ₹6.2B making its interest coverage ratio 8.4. It has cash and short-term investments of ₹11.8B.
Key information
27.6%
Debt to equity ratio
₹8.02b
Debt
| Interest coverage ratio | 8.4x |
| Cash | ₹11.75b |
| Equity | ₹29.06b |
| Total liabilities | ₹13.98b |
| Total assets | ₹43.04b |
Recent financial health updates
We Think Global Health (NSE:MEDANTA) Can Manage Its Debt With Ease
Jul 15
Is Global Health (NSE:MEDANTA) A Risky Investment?
Mar 22Recent updates
The Return Trends At Global Health (NSE:MEDANTA) Look Promising
Sep 01With EPS Growth And More, Global Health (NSE:MEDANTA) Makes An Interesting Case
Aug 02We Think Global Health (NSE:MEDANTA) Can Manage Its Debt With Ease
Jul 15Global Health Limited's (NSE:MEDANTA) Share Price Matching Investor Opinion
May 22Global Health Limited (NSE:MEDANTA) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 22Returns On Capital Are Showing Encouraging Signs At Global Health (NSE:MEDANTA)
May 04Do Global Health's (NSE:MEDANTA) Earnings Warrant Your Attention?
Apr 12Is 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 (₹15.1B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: MEDANTA's short term assets (₹15.1B) 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 41% to 27.6% over the past 5 years.
Debt Coverage: MEDANTA's debt is well covered by operating cash flow (76.3%).
Interest Coverage: MEDANTA's interest payments on its debt are well covered by EBIT (8.4x coverage).