Bajaj HealthCare Balance Sheet Health
Financial Health criteria checks 3/6
Bajaj HealthCare has a total shareholder equity of ₹2.8B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are ₹7.7B and ₹4.9B respectively. Bajaj HealthCare's EBIT is ₹509.8M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹29.3M.
Key information
119.6%
Debt to equity ratio
₹3.33b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹29.29m |
| Equity | ₹2.78b |
| Total liabilities | ₹4.87b |
| Total assets | ₹7.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539872's short term assets (₹4.8B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 539872's short term assets (₹4.8B) exceed its long term liabilities (₹452.9M).
Debt to Equity History and Analysis
Debt Level: 539872's net debt to equity ratio (118.5%) is considered high.
Reducing Debt: 539872's debt to equity ratio has increased from 56% to 119.6% over the past 5 years.
Debt Coverage: 539872's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 539872's interest payments on its debt are not well covered by EBIT (1.7x coverage).