Medi Assist Healthcare Services Balance Sheet Health
Financial Health criteria checks 6/6
Medi Assist Healthcare Services has a total shareholder equity of ₹4.2B and total debt of ₹313.7M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹8.0B and ₹3.9B respectively. Medi Assist Healthcare Services's EBIT is ₹888.5M making its interest coverage ratio -145.2. It has cash and short-term investments of ₹885.3M.
Key information
7.5%
Debt to equity ratio
₹313.65m
Debt
Interest coverage ratio | -145.2x |
Cash | ₹885.34m |
Equity | ₹4.17b |
Total liabilities | ₹3.86b |
Total assets | ₹8.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEDIASSIST's short term assets (₹3.9B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: MEDIASSIST's short term assets (₹3.9B) exceed its long term liabilities (₹531.3M).
Debt to Equity History and Analysis
Debt Level: MEDIASSIST has more cash than its total debt.
Reducing Debt: MEDIASSIST's debt to equity ratio has reduced from 24.2% to 7.5% over the past 5 years.
Debt Coverage: MEDIASSIST's debt is well covered by operating cash flow (99.5%).
Interest Coverage: MEDIASSIST earns more interest than it pays, so coverage of interest payments is not a concern.