Deccan Health Care (BOM:542248) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Deccan Health Care Debt-to-Equity?

Deccan Health Care's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹2.3 Mil. Deccan Health Care's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹14.4 Mil. Deccan Health Care's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹824.0 Mil. Deccan Health Care's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Deccan Health Care's Debt-to-Equity or its related term are showing as below:

BOM:542248' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 1.66
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of Deccan Health Care was 1.66. The lowest was 0.01. And the median was 0.02.

BOM:542248's Debt-to-Equity is ranked better than
92.69% of 848 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs BOM:542248: 0.02

Deccan Health Care Debt-to-Equity Historical Data

The historical data trend for Deccan Health Care'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.

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Deccan Health Care Debt-to-Equity Chart

Deccan Health Care Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.02

0.01

0.02

Deccan Health Care Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								0.02	0.02	0.01	0.02	0.02

Competitive Comparison of Deccan Health Care's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Deccan Health Care'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.

Deccan Health Care's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Deccan Health Care's Debt-to-Equity falls into.

Deccan Health Care Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Deccan Health Care'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
	=	(0	+	11.88)	/	815.627
	=	0.01

Deccan Health Care's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.274	+	14.422)	/	824.013
	=	0.02

Deccan Health Care (BOM:542248) 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.

Deccan Health Care Debt-to-Equity Related Terms

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Deccan Health Care (BOM:542248) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Deccan Health Care Ltd (BOM:542248) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

H.No. 6-3-348/4, Dwarakapuri Colony, Punjagutta, Hyderabad, TG, IND, 500082

Website

https://www.deccanhealthcare.co.in

Deccan Health Care Ltd is into developing, manufacturing, and marketing a broad range of healthcare products including nutraceutical, cosmeceutical, and ayurveda products ( Fast Moving Consumer Health Products). Its products are Nutraceutical Food Products and other supplements and medicines. The company operates in India as well as exports its products to other countries and the maximum of its revenue comes from India.

Deccan Health Care (BOM:542248) Headlines

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