Star Health and Allied Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Star Health and Allied Insurance has a total shareholder equity of ₹67.3B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ₹180.5B and ₹113.2B respectively. Star Health and Allied Insurance's EBIT is ₹11.3B making its interest coverage ratio 14.8. It has cash and short-term investments of ₹4.4B.
Key information
7.0%
Debt to equity ratio
₹4.70b
Debt
Interest coverage ratio | 14.8x |
Cash | ₹4.45b |
Equity | ₹67.32b |
Total liabilities | ₹113.23b |
Total assets | ₹180.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543412's short term assets (₹17.4B) do not cover its short term liabilities (₹24.8B).
Long Term Liabilities: 543412's short term assets (₹17.4B) do not cover its long term liabilities (₹88.4B).
Debt to Equity History and Analysis
Debt Level: 543412's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 543412's debt to equity ratio has reduced from 18% to 7% over the past 5 years.
Debt Coverage: 543412's debt is well covered by operating cash flow (278.7%).
Interest Coverage: 543412's interest payments on its debt are well covered by EBIT (14.8x coverage).