Bajaj HealthCare Balance Sheet Health
Financial Health criteria checks 2/6
Bajaj HealthCare has a total shareholder equity of ₹3.2B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 112.9%. Its total assets and total liabilities are ₹8.4B and ₹5.2B respectively. Bajaj HealthCare's EBIT is ₹452.8M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹103.4M.
Key information
112.9%
Debt to equity ratio
₹3.57b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹103.39m |
Equity | ₹3.16b |
Total liabilities | ₹5.22b |
Total assets | ₹8.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAJAJHCARE's short term assets (₹5.7B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: BAJAJHCARE's short term assets (₹5.7B) exceed its long term liabilities (₹610.2M).
Debt to Equity History and Analysis
Debt Level: BAJAJHCARE's net debt to equity ratio (109.6%) is considered high.
Reducing Debt: BAJAJHCARE's debt to equity ratio has increased from 62.5% to 112.9% over the past 5 years.
Debt Coverage: BAJAJHCARE's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: BAJAJHCARE's interest payments on its debt are not well covered by EBIT (1.4x coverage).