Themis Medicare Balance Sheet Health
Financial Health criteria checks 5/6
Themis Medicare has a total shareholder equity of ₹3.6B and total debt of ₹945.9M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are ₹5.5B and ₹1.8B respectively. Themis Medicare's EBIT is ₹407.0M making its interest coverage ratio 11.3. It has cash and short-term investments of ₹223.8M.
Key information
26.0%
Debt to equity ratio
₹945.87m
Debt
| Interest coverage ratio | 11.3x |
| Cash | ₹223.83m |
| Equity | ₹3.64b |
| Total liabilities | ₹1.84b |
| Total assets | ₹5.48b |
Recent financial health updates
Themis Medicare (NSE:THEMISMED) Takes On Some Risk With Its Use Of Debt
Dec 01
We Think Themis Medicare (NSE:THEMISMED) Is Taking Some Risk With Its Debt
Jul 08Themis Medicare (NSE:THEMISMED) Seems To Use Debt Quite Sensibly
Dec 21These 4 Measures Indicate That Themis Medicare (NSE:THEMISMED) Is Using Debt Reasonably Well
Mar 02Does Themis Medicare (NSE:THEMISMED) Have A Healthy Balance Sheet?
Nov 16Recent updates
What Themis Medicare Limited's (NSE:THEMISMED) 42% Share Price Gain Is Not Telling You
Dec 27Themis Medicare (NSE:THEMISMED) Takes On Some Risk With Its Use Of Debt
Dec 01Themis Medicare (NSE:THEMISMED) Has Affirmed Its Dividend Of ₹5.00
Aug 18Themis Medicare's (NSE:THEMISMED) Dividend Will Be ₹5.00
Aug 04Themis Medicare's (NSE:THEMISMED) Dividend Will Be ₹5.00
Jul 18We Think Themis Medicare (NSE:THEMISMED) Is Taking Some Risk With Its Debt
Jul 08Themis Medicare (NSE:THEMISMED) Is Due To Pay A Dividend Of ₹5.00
May 18Themis Medicare (NSE:THEMISMED) Seems To Use Debt Quite Sensibly
Dec 21Themis Medicare (NSE:THEMISMED) Has Announced That It Will Be Increasing Its Dividend To ₹5.00
Aug 28Themis Medicare (NSE:THEMISMED) Is Increasing Its Dividend To ₹5.00
Aug 08Themis Medicare's (NSE:THEMISMED) Upcoming Dividend Will Be Larger Than Last Year's
Jul 21Themis Medicare's (NSE:THEMISMED) Upcoming Dividend Will Be Larger Than Last Year's
May 27Is Now The Time To Put Themis Medicare (NSE:THEMISMED) On Your Watchlist?
May 12Calculating The Fair Value Of Themis Medicare Limited (NSE:THEMISMED)
Nov 09Is Now The Time To Put Themis Medicare (NSE:THEMISMED) On Your Watchlist?
Oct 26Increases to Themis Medicare Limited's (NSE:THEMISMED) CEO Compensation Might Cool off for now
Sep 11Themis Medicare (NSE:THEMISMED) Is Increasing Its Dividend To ₹4.30
Aug 16Do Themis Medicare's (NSE:THEMISMED) Earnings Warrant Your Attention?
Jul 09Estimating The Intrinsic Value Of Themis Medicare Limited (NSE:THEMISMED)
May 14If You Like EPS Growth Then Check Out Themis Medicare (NSE:THEMISMED) Before It's Too Late
Mar 23These 4 Measures Indicate That Themis Medicare (NSE:THEMISMED) Is Using Debt Reasonably Well
Mar 02Why Themis Medicare Limited (NSE:THEMISMED) Is A Top Dividend Stock
Feb 08Themis Medicare Limited's (NSE:THEMISMED) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Jan 11
Here's What We Think About Themis Medicare's (NSE:THEMISMED) CEO Pay
Dec 14Does Themis Medicare (NSE:THEMISMED) Have A Healthy Balance Sheet?
Nov 16Are You An Income Investor? Don't Miss Out On Themis Medicare Limited (NSE:THEMISMED)
Oct 21Themis Medicare Limited (NSE:THEMISMED) Looks Interesting, And It's About To Pay A Dividend
Sep 13Financial Position Analysis
Short Term Liabilities: THEMISMED's short term assets (₹2.9B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: THEMISMED's short term assets (₹2.9B) exceed its long term liabilities (₹351.0M).
Debt to Equity History and Analysis
Debt Level: THEMISMED's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: THEMISMED's debt to equity ratio has reduced from 51.8% to 26% over the past 5 years.
Debt Coverage: THEMISMED's debt is not well covered by operating cash flow (19%).
Interest Coverage: THEMISMED's interest payments on its debt are well covered by EBIT (11.3x coverage).