Sangani Hospitals Balance Sheet Health
Financial Health criteria checks 5/6
Sangani Hospitals has a total shareholder equity of ₹321.6M and total debt of ₹1.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹347.2M and ₹25.6M respectively. Sangani Hospitals's EBIT is ₹24.9M making its interest coverage ratio -42.8. It has cash and short-term investments of ₹177.7M.
Key information
0.3%
Debt to equity ratio
₹1.01m
Debt
Interest coverage ratio | -42.8x |
Cash | ₹177.71m |
Equity | ₹321.61m |
Total liabilities | ₹25.63m |
Total assets | ₹347.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SANGANI's short term assets (₹228.4M) exceed its short term liabilities (₹21.8M).
Long Term Liabilities: SANGANI's short term assets (₹228.4M) exceed its long term liabilities (₹3.8M).
Debt to Equity History and Analysis
Debt Level: SANGANI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SANGANI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SANGANI's debt is well covered by operating cash flow (2276.1%).
Interest Coverage: SANGANI earns more interest than it pays, so coverage of interest payments is not a concern.