Adcock Ingram Holdings (JSE:AIP) Debt-to-Equity : 0.05 (As of Jun. 2024)

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What is Adcock Ingram Holdings Debt-to-Equity?

Adcock Ingram Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R42 Mil. Adcock Ingram Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R238 Mil. Adcock Ingram Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was R5,413 Mil. Adcock Ingram Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.05.

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 Adcock Ingram Holdings's Debt-to-Equity or its related term are showing as below:

JSE:AIP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.06 Max: 0.28
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Adcock Ingram Holdings was 0.28. The lowest was 0.05. And the median was 0.06.

JSE:AIP's Debt-to-Equity is ranked better than
82.34% of 838 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs JSE:AIP: 0.05

Adcock Ingram Holdings Debt-to-Equity Historical Data

The historical data trend for Adcock Ingram Holdings'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.

Adcock Ingram Holdings Debt-to-Equity Chart

Adcock Ingram Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.07

0.06

0.05

Adcock Ingram Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.06	0.06	0.09	0.05

Competitive Comparison of Adcock Ingram Holdings's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Adcock Ingram Holdings'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.

Adcock Ingram Holdings's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Adcock Ingram Holdings's Debt-to-Equity falls into.

Adcock Ingram Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adcock Ingram Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(42.46	+	238.08)	/	5412.82
	=	0.05

Adcock Ingram Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(42.46	+	238.08)	/	5412.82
	=	0.05

Adcock Ingram Holdings (JSE:AIP) 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.

Adcock Ingram Holdings Debt-to-Equity Related Terms

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Adcock Ingram Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Adcock Ingram Holdings Ltd (JSE:AIP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 New Road, (c/o New Road & 7th Street), Midrand, Johannesburg, GT, ZAF, 1682

Website

https://www.adcock.com

Adcock Ingram Holdings Ltd is a drug manufacturing company. The company manufactures, markets, and distributes a wide range of healthcare products. The company generates roughly two-thirds of its sales from the private sector, with the remaining from the public sector. Adcock operates in four broad areas: renal disease, medicine delivery, transfusion therapies, and blood and specialized pharmaceuticals. The company generates the vast majority of its revenue in southern Africa, followed by the rest of Africa and India.