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Medi Assist Healthcare Services (NSE:MEDIASSIST) Liabilities-to-Assets : 0.43 (As of Mar. 2024)


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What is Medi Assist Healthcare Services Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Medi Assist Healthcare Services's Total Liabilities for the quarter that ended in Mar. 2024 was ₹3,693 Mil. Medi Assist Healthcare Services's Total Assets for the quarter that ended in Mar. 2024 was ₹8,506 Mil. Therefore, Medi Assist Healthcare Services's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.43.


Medi Assist Healthcare Services Liabilities-to-Assets Historical Data

The historical data trend for Medi Assist Healthcare Services's Liabilities-to-Assets 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.

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Medi Assist Healthcare Services Liabilities-to-Assets Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
0.46 0.44 0.46 0.43

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial 0.44 - 0.46 0.48 0.43

Competitive Comparison of Medi Assist Healthcare Services's Liabilities-to-Assets

For the Healthcare Plans subindustry, Medi Assist Healthcare Services's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Medi Assist Healthcare Services's Liabilities-to-Assets Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Liabilities-to-Assets falls into.



Medi Assist Healthcare Services Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Medi Assist Healthcare Services's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=3692.5/8505.84
=0.43

Medi Assist Healthcare Services's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=3692.5/8505.84
=0.43

* 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.


Medi Assist Healthcare Services  (NSE:MEDIASSIST) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Medi Assist Healthcare Services Liabilities-to-Assets Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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