GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Net Debt Paydown Yield %

Medi Assist Healthcare Services (NSE:MEDIASSIST) Net Debt Paydown Yield % : 0.05% (As of Jun. 18, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Medi Assist Healthcare Services Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Medi Assist Healthcare Services's Net Debt Paydown Yield % was 0.05%.


Medi Assist Healthcare Services Net Debt Paydown Yield % Historical Data

The historical data trend for Medi Assist Healthcare Services's Net Debt Paydown Yield % 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.

Medi Assist Healthcare Services Net Debt Paydown Yield % Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Debt Paydown Yield %
- - - 0.05

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Debt Paydown Yield % Get a 7-Day Free Trial - - - - 0.05

Competitive Comparison of Medi Assist Healthcare Services's Net Debt Paydown Yield %

For the Healthcare Plans subindustry, Medi Assist Healthcare Services's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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 Net Debt Paydown Yield % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Net Debt Paydown Yield % falls into.



Medi Assist Healthcare Services Net Debt Paydown Yield % Calculation

Medi Assist Healthcare Services's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 306.79-288.48 )/35501.332545
=0.05 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Medi Assist Healthcare Services  (NSE:MEDIASSIST) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Medi Assist Healthcare Services Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of Medi Assist Healthcare Services's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Website
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.

Medi Assist Healthcare Services (NSE:MEDIASSIST) Headlines

No Headlines