Medico Intercontinental (BOM:539938) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is Medico Intercontinental Debt-to-Equity?

Medico Intercontinental's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹29.8 Mil. Medico Intercontinental's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹18.7 Mil. Medico Intercontinental's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹450.3 Mil. Medico Intercontinental's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 Medico Intercontinental's Debt-to-Equity or its related term are showing as below:

BOM:539938' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 2.15
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Medico Intercontinental was 2.15. The lowest was 0.01. And the median was 0.07.

BOM:539938's Debt-to-Equity is ranked better than
70.07% of 842 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs BOM:539938: 0.11

Medico Intercontinental Debt-to-Equity Historical Data

The historical data trend for Medico Intercontinental'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.

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Medico Intercontinental Debt-to-Equity Chart

Medico Intercontinental Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.15

0.98

0.69

0.12

0.11

Medico Intercontinental Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	N/A	0.14	N/A	0.11

Competitive Comparison of Medico Intercontinental's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Medico Intercontinental'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.

Medico Intercontinental's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

Medico Intercontinental Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Medico Intercontinental's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(29.847	+	18.697)	/	450.321
	=	0.11

Medico Intercontinental's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(29.847	+	18.697)	/	450.321
	=	0.11

Medico Intercontinental (BOM:539938) 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.

Medico Intercontinental Debt-to-Equity Related Terms

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

Medico Intercontinental (BOM:539938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medico Intercontinental Ltd (BOM:539938) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

100 Ft. Road, Satellite, Adit Raj Arcade, 1-5th Floor, Near Karma Shreshtha Tower, Ahmedabad, GJ, IND, 380015

Website

https://www.medicointercontinental.com

Medico Intercontinental Ltd provides services to biopharmaceuticals companies. The company's operating segment includes Trading of pharmaceuticals products. The company product includes General Range, Derma Range, Psychiatric range, Eye drops among others.

Medico Intercontinental (BOM:539938) Headlines

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