Medi Assist Healthcare Services Balance Sheet Health
Financial Health criteria checks 6/6
Medi Assist Healthcare Services has a total shareholder equity of ₹4.8B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹8.5B and ₹3.7B respectively. Medi Assist Healthcare Services's EBIT is ₹1.1B making its interest coverage ratio 34.3. It has cash and short-term investments of ₹2.3B.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 34.3x |
Cash | ₹2.33b |
Equity | ₹4.81b |
Total liabilities | ₹3.69b |
Total assets | ₹8.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MEDIASSIST's short term assets (₹4.8B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: MEDIASSIST's short term assets (₹4.8B) exceed its long term liabilities (₹497.9M).
Debt to Equity History and Analysis
Debt Level: MEDIASSIST is debt free.
Reducing Debt: MEDIASSIST has no debt compared to 5 years ago when its debt to equity ratio was 23.8%.
Debt Coverage: MEDIASSIST has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MEDIASSIST has no debt, therefore coverage of interest payments is not a concern.