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Rainbow Childrens Medicare (NSE:RAINBOW) Equity-to-Asset : 0.59 (As of Sep. 2024)


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What is Rainbow Childrens Medicare Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rainbow Childrens Medicare's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹13,434 Mil. Rainbow Childrens Medicare's Total Assets for the quarter that ended in Sep. 2024 was ₹22,619 Mil. Therefore, Rainbow Childrens Medicare's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.59.

The historical rank and industry rank for Rainbow Childrens Medicare's Equity-to-Asset or its related term are showing as below:

NSE:RAINBOW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.53   Max: 0.6
Current: 0.59

During the past 6 years, the highest Equity to Asset Ratio of Rainbow Childrens Medicare was 0.60. The lowest was 0.40. And the median was 0.53.

NSE:RAINBOW's Equity-to-Asset is ranked better than
63.61% of 687 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs NSE:RAINBOW: 0.59

Rainbow Childrens Medicare Equity-to-Asset Historical Data

The historical data trend for Rainbow Childrens Medicare's Equity-to-Asset 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.

Rainbow Childrens Medicare Equity-to-Asset Chart

Rainbow Childrens Medicare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.40 0.41 0.47 0.60 0.58

Rainbow Childrens Medicare Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset 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 0.60 - 0.58 - 0.59

Competitive Comparison of Rainbow Childrens Medicare's Equity-to-Asset

For the Medical Care Facilities subindustry, Rainbow Childrens Medicare's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Rainbow Childrens Medicare's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rainbow Childrens Medicare's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Rainbow Childrens Medicare's Equity-to-Asset falls into.



Rainbow Childrens Medicare Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Rainbow Childrens Medicare's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=12589.27/21703.98
=0.58

Rainbow Childrens Medicare's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=13434.28/22619.29
=0.59

* 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.


Rainbow Childrens Medicare  (NSE:RAINBOW) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Rainbow Childrens Medicare Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Rainbow Childrens Medicare's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Rainbow Childrens Medicare Business Description

Traded in Other Exchanges
Address
8-2-19/1/A, Daulet Arcade, Karvy Lane, Road No. 11, Banjara Hills, Hyderabad, TG, IND, 500034
Rainbow Childrens Medicare Ltd operates a multi-specialty pediatric, obstetrics, and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care. Medical and Healthcare services have been considered the only reportable segment.

Rainbow Childrens Medicare Headlines

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