Global Longlife Hospital & Research (BOM:543520) Debt-to-Equity : 0.17 (As of Sep. 2023)

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What is Global Longlife Hospital & Research Debt-to-Equity?

Global Longlife Hospital & Research's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹99.2 Mil. Global Longlife Hospital & Research's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹13.9 Mil. Global Longlife Hospital & Research's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹653.2 Mil. Global Longlife Hospital & Research's debt to equity for the quarter that ended in Sep. 2023 was 0.17.

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 Global Longlife Hospital & Research's Debt-to-Equity or its related term are showing as below:

BOM:543520' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.51 Max: 2.2
Current: 0.17

During the past 5 years, the highest Debt-to-Equity Ratio of Global Longlife Hospital & Research was 2.20. The lowest was 0.08. And the median was 0.51.

BOM:543520's Debt-to-Equity is ranked better than
70.18% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs BOM:543520: 0.17

Global Longlife Hospital & Research Debt-to-Equity Historical Data

The historical data trend for Global Longlife Hospital & Research'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.

Global Longlife Hospital & Research Debt-to-Equity Chart

Global Longlife Hospital & Research Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

2.20

2.05

1.25

0.51

0.15

Global Longlife Hospital & Research Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.51	0.08	0.15	0.17

Competitive Comparison of Global Longlife Hospital & Research's Debt-to-Equity

For the Medical Care Facilities subindustry, Global Longlife Hospital & Research'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.

Global Longlife Hospital & Research's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Longlife Hospital & Research's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Global Longlife Hospital & Research's Debt-to-Equity falls into.

Global Longlife Hospital & Research Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Longlife Hospital & Research's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(56.536	+	36.423)	/	642.897
	=	0.14

Global Longlife Hospital & Research's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(99.16	+	13.888)	/	653.191
	=	0.17

Global Longlife Hospital & Research (BOM:543520) 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.

Global Longlife Hospital & Research Debt-to-Equity Related Terms

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Global Longlife Hospital & Research (BOM:543520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Longlife Hospital & Research Ltd (BOM:543520) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pakwan Cross Road, Near Sindhubhavan Road, Near Water Tank, Opposite Auda Garden, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.globalhospital.co.in

Global Longlife Hospital & Research Ltd provides health care services. The company offers Oncology, Ophthalmology, Cardiology, Dermatology, Gynecology, Spine Surgery, Plastic Surgery, Ultrasound, Microbiology, Dialysis, and Physiotherapy among other healthcare services.

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