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Max India (BOM:543223) Debt-to-Equity : 0.13 (As of Sep. 2024)


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What is Max India Debt-to-Equity?

Max India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹54 Mil. Max India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹541 Mil. Max India's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹4,448 Mil. Max India's debt to equity for the quarter that ended in Sep. 2024 was 0.13.

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

BOM:543223' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.26
Current: 0.13

During the past 8 years, the highest Debt-to-Equity Ratio of Max India was 0.26. The lowest was 0.03. And the median was 0.14.

BOM:543223's Debt-to-Equity is ranked better than
74.46% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs BOM:543223: 0.13

Max India Debt-to-Equity Historical Data

The historical data trend for Max 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.

Max India Debt-to-Equity Chart

Max India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial 0.26 0.22 0.10 0.08 0.10

Max India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 N/A 0.10 N/A 0.13

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

For the Medical Care Facilities subindustry, Max 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.


Max India's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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



Max India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Max India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Max India's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Max India  (BOM:543223) 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.


Max India Debt-to-Equity Related Terms

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


Max India Business Description

Traded in Other Exchanges
Address
Landmark House, Plot No- 65, 3rd Floor, Sector- 44, Gurugram, HR, IND, 122003
Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Assisted Care, and Other. It derives maximum revenue from Senior Living segment.

Max India Headlines

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