Novartis India (BOM:500672) Debt-to-Equity : 0.01 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Novartis India Debt-to-Equity?

Novartis India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹19 Mil. Novartis India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹51 Mil. Novartis India's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹7,448 Mil. Novartis India's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Novartis India's Debt-to-Equity or its related term are showing as below:

BOM:500672' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.1
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Novartis India was 0.10. The lowest was 0.01. And the median was 0.04.

BOM:500672's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs BOM:500672: 0.01

Novartis India Debt-to-Equity Historical Data

The historical data trend for Novartis 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.

Novartis India Debt-to-Equity Chart

Novartis India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.09

0.04

0.03

0.01

Novartis India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	N/A	0.01	N/A	0.01

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

For the Drug Manufacturers - Specialty & Generic subindustry, Novartis 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.

Novartis India's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Novartis India's Debt-to-Equity distribution charts can be found below:

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

Novartis India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Novartis India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(19	+	50.7)	/	7448.2
	=	0.01

Novartis India's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(19	+	50.7)	/	7448.2
	=	0.01

Novartis India (BOM:500672) 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.

Novartis India Debt-to-Equity Related Terms

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

Novartis India (BOM:500672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Novartis India Ltd (BOM:500672) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Inspire BKC, Part of 601 & 701, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.novartis.in

Novartis India Ltd is an Indian-based pharmaceutical company. The company is engaged in the trading of Drugs and Pharmaceuticals. It derives revenue from operations in India. The company single business segment namely Pharmaceuticals, Its Pharmaceutical business focuses on Bone and Pain, Calcium portfolio, Gynecology, and Neurosciences.

Novartis India (BOM:500672) Headlines

No Headlines