QMS Medical Allied Services Balance Sheet Health
Financial Health criteria checks 4/6
QMS Medical Allied Services has a total shareholder equity of ₹785.1M and total debt of ₹345.5M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ₹1.4B and ₹568.1M respectively. QMS Medical Allied Services's EBIT is ₹151.4M making its interest coverage ratio 4.5. It has cash and short-term investments of ₹24.1M.
Key information
44.0%
Debt to equity ratio
₹345.47m
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₹24.11m |
| Equity | ₹785.14m |
| Total liabilities | ₹568.07m |
| Total assets | ₹1.35b |
Recent financial health updates
Recent updates
QMS Medical Allied Services Limited (NSE:QMSMEDI) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Sep 19
QMS Medical Allied Services (NSE:QMSMEDI) Has Affirmed Its Dividend Of ₹0.50
Sep 07QMS Medical Allied Services Limited (NSE:QMSMEDI) Shares Fly 28% But Investors Aren't Buying For Growth
Jun 27We Think QMS Medical Allied Services (NSE:QMSMEDI) Can Stay On Top Of Its Debt
Jun 12There's No Escaping QMS Medical Allied Services Limited's (NSE:QMSMEDI) Muted Earnings
Apr 19Financial Position Analysis
Short Term Liabilities: QMSMEDI's short term assets (₹1.1B) exceed its short term liabilities (₹539.7M).
Long Term Liabilities: QMSMEDI's short term assets (₹1.1B) exceed its long term liabilities (₹28.4M).
Debt to Equity History and Analysis
Debt Level: QMSMEDI's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: QMSMEDI's debt to equity ratio has reduced from 149.6% to 44% over the past 5 years.
Debt Coverage: QMSMEDI's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: QMSMEDI's interest payments on its debt are well covered by EBIT (4.5x coverage).