Remedium Lifecare Balance Sheet Health
Financial Health criteria checks 4/6
Remedium Lifecare has a total shareholder equity of ₹221.2M and total debt of ₹11.8M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ₹19.1B and ₹18.8B respectively. Remedium Lifecare's EBIT is ₹813.0M making its interest coverage ratio 1101.6. It has cash and short-term investments of ₹4.1M.
Key information
5.3%
Debt to equity ratio
₹11.77m
Debt
Interest coverage ratio | 1101.6x |
Cash | ₹4.14m |
Equity | ₹221.20m |
Total liabilities | ₹18.84b |
Total assets | ₹19.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539561's short term assets (₹19.1B) exceed its short term liabilities (₹18.8B).
Long Term Liabilities: 539561 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539561's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 539561's debt to equity ratio has increased from 1.7% to 5.3% over the past 5 years.
Debt Coverage: 539561's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539561's interest payments on its debt are well covered by EBIT (1101.6x coverage).