Medico Remedies Balance Sheet Health
Financial Health criteria checks 6/6
Medico Remedies has a total shareholder equity of ₹555.1M and total debt of ₹103.2M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are ₹990.4M and ₹435.3M respectively. Medico Remedies's EBIT is ₹96.4M making its interest coverage ratio 16.5. It has cash and short-term investments of ₹15.2M.
Key information
18.6%
Debt to equity ratio
₹103.19m
Debt
| Interest coverage ratio | 16.5x |
| Cash | ₹15.23m |
| Equity | ₹555.08m |
| Total liabilities | ₹435.32m |
| Total assets | ₹990.40m |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Medico Remedies Limited's (NSE:MEDICO) Prospects As Shares Rocket 27%
Nov 12
Medico Remedies Limited's (NSE:MEDICO) P/E Is Still On The Mark Following 25% Share Price Bounce
Sep 21Medico Remedies Limited (NSE:MEDICO) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless
Mar 22Here's Why We Think Medico Remedies (NSE:MEDICO) Is Well Worth Watching
Jun 22What You Can Learn From Medico Remedies Limited's (NSE:MEDICO) P/E After Its 27% Share Price Crash
Jun 26Estimating The Fair Value Of Medico Remedies Limited (NSE:MEDICO)
Jun 03Financial Position Analysis
Short Term Liabilities: MEDICO's short term assets (₹770.2M) exceed its short term liabilities (₹427.0M).
Long Term Liabilities: MEDICO's short term assets (₹770.2M) exceed its long term liabilities (₹8.3M).
Debt to Equity History and Analysis
Debt Level: MEDICO's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: MEDICO's debt to equity ratio has reduced from 52.1% to 18.6% over the past 5 years.
Debt Coverage: MEDICO's debt is well covered by operating cash flow (33.2%).
Interest Coverage: MEDICO's interest payments on its debt are well covered by EBIT (16.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:02 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Medico Remedies Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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