Max India (BOM:543223) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Max India Debt-to-Equity?

Max India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Max India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Max India's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Max India's Debt-to-Equity or its related term are showing as below:

BOM:543223' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.26
Current: 0.03

During the past 7 years, the highest Debt-to-Equity Ratio of Max India was 0.26. The lowest was 0.03. And the median was 0.16.

BOM:543223's Debt-to-Equity is ranked better than
90.93% of 551 companies
in the Healthcare Providers & Services industry
Industry Median: 0.5 vs BOM:543223: 0.03

Max India Debt-to-Equity Historical Data

The historical data trend for Max India's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Max India Debt-to-Equity Chart

Max India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.17

0.26

0.22

0.10

0.08

Max India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.08	N/A	0.03	N/A

Competitive Comparison of Max India's Debt-to-Equity

For the Medical Care Facilities subindustry, Max India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Max India's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Max India's Debt-to-Equity falls into.

Max India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Max India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(44.286	+	408.665)	/	5421.052
	=	0.08

Max India's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Max India (BOM:543223) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Max India Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Max India's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Max India (BOM:543223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Max India Ltd (BOM:543223) » Definitions » Debt-to-Equity

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MAXIND:India

Address

L20M, Max Towers, Plot No. C-001/A/1, Sector-16B, Noida, UP, IND, 201301

Website

https://www.maxindia.com

Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Skill and Development, and Other.

Max India (BOM:543223) Headlines

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