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Bajaj Healthcare (NSE:BAJAJHCARE) Debt-to-Equity : 0.46 (As of Sep. 2024)


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What is Bajaj Healthcare Debt-to-Equity?

Bajaj Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹1,740 Mil. Bajaj Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹317 Mil. Bajaj Healthcare's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹4,458 Mil. Bajaj Healthcare's debt to equity for the quarter that ended in Sep. 2024 was 0.46.

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 Bajaj Healthcare's Debt-to-Equity or its related term are showing as below:

NSE:BAJAJHCARE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46   Med: 0.73   Max: 1.85
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Bajaj Healthcare was 1.85. The lowest was 0.46. And the median was 0.73.

NSE:BAJAJHCARE's Debt-to-Equity is ranked worse than
65.26% of 829 companies
in the Drug Manufacturers industry
Industry Median: 0.28 vs NSE:BAJAJHCARE: 0.46

Bajaj Healthcare Debt-to-Equity Historical Data

The historical data trend for Bajaj Healthcare'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.

Bajaj Healthcare Debt-to-Equity Chart

Bajaj Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.70 0.78 1.13 1.20

Bajaj Healthcare 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 1.13 N/A 1.20 N/A 0.46

Competitive Comparison of Bajaj Healthcare's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Bajaj Healthcare'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.


Bajaj Healthcare's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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



Bajaj Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Bajaj Healthcare'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.


Bajaj Healthcare  (NSE:BAJAJHCARE) 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.


Bajaj Healthcare Debt-to-Equity Related Terms

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


Bajaj Healthcare Business Description

Traded in Other Exchanges
Address
Road No. 23, Wagle Industrial Estate, 602-606, Bhoomi Velocity Infotech Park, Plot No. B-39, B-39A, B-39A/1, Thane (West), Thane, MH, IND, 400 604
Bajaj Healthcare Ltd is an India-based pharmaceutical company that manufactures Active Pharmaceutical Ingredients (APIs), Intermediates, Finished Dosage Forms, and Nutraceuticals. Its products include Intermediates, API, Formulation, and Impurities. The company derives a majority of its revenue from India.

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