Apollo Hospitals Enterprise (NSE:APOLLOHOSP) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Apollo Hospitals Enterprise Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Apollo Hospitals Enterprise's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Apollo Hospitals Enterprise's Cash-to-Debt or its related term are showing as below:

NSE:APOLLOHOSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.23 Max: 0.37
Current: 0.32

During the past 13 years, Apollo Hospitals Enterprise's highest Cash to Debt Ratio was 0.37. The lowest was 0.08. And the median was 0.23.

NSE:APOLLOHOSP's Cash-to-Debt is ranked worse than
63.82% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs NSE:APOLLOHOSP: 0.32

Apollo Hospitals Enterprise Cash-to-Debt Historical Data

The historical data trend for Apollo Hospitals Enterprise's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Apollo Hospitals Enterprise Cash-to-Debt Chart

Apollo Hospitals Enterprise Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.13

0.08

0.34

0.26

0.17

Apollo Hospitals Enterprise Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.17	N/A	0.32	N/A

Competitive Comparison of Apollo Hospitals Enterprise's Cash-to-Debt

For the Medical Care Facilities subindustry, Apollo Hospitals Enterprise's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Apollo Hospitals Enterprise's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Apollo Hospitals Enterprise's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Apollo Hospitals Enterprise's Cash-to-Debt falls into.

Apollo Hospitals Enterprise Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Apollo Hospitals Enterprise's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	7256	/	(8965	+	34359)
	=	0.17

Apollo Hospitals Enterprise's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Apollo Hospitals Enterprise (NSE:APOLLOHOSP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Apollo Hospitals Enterprise Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Apollo Hospitals Enterprise's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Apollo Hospitals Enterprise (NSE:APOLLOHOSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Apollo Hospitals Enterprise Ltd (NSE:APOLLOHOSP) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

508869:India

Address

No. 8-17 Shafee Mohammed Road, Sunny Side Building, East Block, 3rd Floor, Chennai, TN, IND, 600 006

Website

https://www.apollohospitals.com

Apollo Hospitals Enterprise Ltd operates a network of private hospitals in India through primary, secondary, and tertiary care facilities. The firm's tertiary care hospitals provide complex care in a variety of specialties that include cardiology, oncology, neuroscience, orthopedics, radiology, and gastroenterology. Apollo Hospitals also operates primary care and diagnostics clinics as well as telemedicine units and offers consulting, health insurance, education and training, and research services. The firm receives the most proportion of revenue from its core healthcare business. The firm's standalone pharmacy segment contributes the second largest proportion of revenue.

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