Concord Biotech (BOM:543960) Debt-to-Asset : 0.01 (As of Mar. 2024)

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What is Concord Biotech Debt-to-Asset?

Concord Biotech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹79 Mil. Concord Biotech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹19 Mil. Concord Biotech's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹17,007 Mil. Concord Biotech's debt to asset for the quarter that ended in Mar. 2024 was 0.01.

Concord Biotech Debt-to-Asset Historical Data

The historical data trend for Concord Biotech's Debt-to-Asset 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.

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Concord Biotech Debt-to-Asset Chart

Concord Biotech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.06

0.08

0.05

0.02

0.01

Concord Biotech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial			0.05	-	0.02	0.02	0.01

Competitive Comparison of Concord Biotech's Debt-to-Asset

For the Biotechnology subindustry, Concord Biotech's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Concord Biotech's Debt-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Concord Biotech's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Concord Biotech's Debt-to-Asset falls into.

Concord Biotech Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Concord Biotech's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(78.506	+	18.87)	/	17007.085
	=	0.01

Concord Biotech's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(78.506	+	18.87)	/	17007.085
	=	0.01

Concord Biotech (BOM:543960) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Concord Biotech Debt-to-Asset Related Terms

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Concord Biotech (BOM:543960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Concord Biotech Ltd (BOM:543960) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

CONCORDBIO:India

Address

Iscon Cross Road, S.G. Highway, 16th floor, B-Wing, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.concordbiotech.com

Concord Biotech Ltd is a Research & development-driven biopharma Company that manufactures Active Pharmaceutical Ingredients (API) through fermentation & semi-synthetic process and finished formulations.

Concord Biotech (BOM:543960) Headlines

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