Blue Jet Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Blue Jet Healthcare has a total shareholder equity of ₹7.7B and total debt of ₹21.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹9.6B and ₹1.9B respectively. Blue Jet Healthcare's EBIT is ₹2.2B making its interest coverage ratio -1665.1. It has cash and short-term investments of ₹2.8B.
Key information
0.3%
Debt to equity ratio
₹20.95m
Debt
Interest coverage ratio | -1665.1x |
Cash | ₹2.83b |
Equity | ₹7.74b |
Total liabilities | ₹1.90b |
Total assets | ₹9.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLUEJET's short term assets (₹7.0B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: BLUEJET's short term assets (₹7.0B) exceed its long term liabilities (₹67.1M).
Debt to Equity History and Analysis
Debt Level: BLUEJET has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BLUEJET's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BLUEJET's debt is well covered by operating cash flow (8114.2%).
Interest Coverage: BLUEJET earns more interest than it pays, so coverage of interest payments is not a concern.