Medplus Health Services (BOM:543427) Debt-to-Equity : 0.64 (As of Mar. 2024)

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What is Medplus Health Services Debt-to-Equity?

Medplus Health Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,415 Mil. Medplus Health Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹8,681 Mil. Medplus Health Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹15,779 Mil. Medplus Health Services's debt to equity for the quarter that ended in Mar. 2024 was 0.64.

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

BOM:543427' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.72 Max: 1.47
Current: 0.64

During the past 6 years, the highest Debt-to-Equity Ratio of Medplus Health Services was 1.47. The lowest was 0.58. And the median was 0.72.

BOM:543427's Debt-to-Equity is ranked worse than
57.45% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs BOM:543427: 0.64

Medplus Health Services Debt-to-Equity Historical Data

The historical data trend for Medplus Health Services'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.

Medplus Health Services Debt-to-Equity Chart

Medplus Health Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.90

0.81

0.58

0.60

0.64

Medplus Health Services Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.60	N/A	0.63	N/A	0.64

Competitive Comparison of Medplus Health Services's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Medplus Health Services'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.

Medplus Health Services's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Medplus Health Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Medplus Health Services'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
	=	(1414.86	+	8680.83)	/	15779.32
	=	0.64

Medplus Health Services'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
	=	(1414.86	+	8680.83)	/	15779.32
	=	0.64

Medplus Health Services (BOM:543427) 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.

Medplus Health Services Debt-to-Equity Related Terms

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

Medplus Health Services (BOM:543427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medplus Health Services Ltd (BOM:543427) » Definitions » Debt-to-Equity

Traded in Other Exchanges

MEDPLUS:India

Address

Opposite Railway Siding (Moosapet), Municipal No: 11-6-56, Survey No. 257 & 258/1, C Block, III Floor, Kukatpally, Hyderabad, TG, IND, 500 037

Website

https://www.medplusindia.com

Medplus Health Services Ltd is a pharmacy retailer. It offers pharmaceutical and wellness products such as medicines, vitamins, medical devices, test kits, and others. The company also offer an omnichannel platform wherein customers can purchase products through stores, place orders over the telephone, online orders, and a Click and Pick facility.

Medplus Health Services (BOM:543427) Headlines

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