HealthCare Global Enterprises (BOM:539787) Debt-to-Equity : 1.54 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is HealthCare Global Enterprises Debt-to-Equity?

HealthCare Global Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,303 Mil. HealthCare Global Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹10,441 Mil. HealthCare Global Enterprises's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹8,258 Mil. HealthCare Global Enterprises's debt to equity for the quarter that ended in Mar. 2024 was 1.54.

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 HealthCare Global Enterprises's Debt-to-Equity or its related term are showing as below:

BOM:539787' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.22 Max: 3.53
Current: 1.54

During the past 10 years, the highest Debt-to-Equity Ratio of HealthCare Global Enterprises was 3.53. The lowest was 0.76. And the median was 1.22.

BOM:539787's Debt-to-Equity is ranked worse than
82.07% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs BOM:539787: 1.54

HealthCare Global Enterprises Debt-to-Equity Historical Data

The historical data trend for HealthCare Global Enterprises'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.

HealthCare Global Enterprises Debt-to-Equity Chart

HealthCare Global Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

3.53

1.40

1.05

1.54

HealthCare Global Enterprises 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															1.05	N/A	1.14	N/A	1.54

Competitive Comparison of HealthCare Global Enterprises's Debt-to-Equity

For the Medical Care Facilities subindustry, HealthCare Global Enterprises'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.

HealthCare Global Enterprises's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where HealthCare Global Enterprises's Debt-to-Equity falls into.

HealthCare Global Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HealthCare Global Enterprises'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
	=	(2302.5	+	10441.2)	/	8257.8
	=	1.54

HealthCare Global Enterprises'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
	=	(2302.5	+	10441.2)	/	8257.8
	=	1.54

HealthCare Global Enterprises (BOM:539787) 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.

HealthCare Global Enterprises Debt-to-Equity Related Terms

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

HealthCare Global Enterprises (BOM:539787) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthCare Global Enterprises Ltd (BOM:539787) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HCG:India

Address

Mission Road, No. 3, Ground Floor, Tower Block, Unity Building Complex, Bengaluru, KA, IND, 560027

Website

https://www.hcgoncology.com

HealthCare Global Enterprises Ltd is an Indian company specializing in cancer care services. The company also operates fertility clinics, multi-specialty hospitals providing cardiology, neurology, orthopedics, gastroenterology, urology, pulmonary and critical care services. It operates under the Medical and Healthcare Services segment. The company's offerings include labs, diagnostic centers, robotic surgery, bone marrow transplantation, home health services, liver transplantation, surgical oncology, preventive oncology, and radiation oncology. Majority of the revenue is derived from the medical services offered to patients. The company derives the majority of its revenue from India.

HealthCare Global Enterprises (BOM:539787) Headlines

No Headlines