QMS Medical Allied Services (NSE:QMSMEDI) Debt-to-Equity : N/A (As of Dec. 2023)

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What is QMS Medical Allied Services Debt-to-Equity?

QMS Medical Allied Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. QMS Medical Allied Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. QMS Medical Allied Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0 Mil.

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 QMS Medical Allied Services's Debt-to-Equity or its related term are showing as below:

NSE:QMSMEDI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.97 Max: 1.26
Current: 0.45

During the past 4 years, the highest Debt-to-Equity Ratio of QMS Medical Allied Services was 1.26. The lowest was 0.36. And the median was 0.97.

NSE:QMSMEDI's Debt-to-Equity is ranked worse than
68.53% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs NSE:QMSMEDI: 0.45

QMS Medical Allied Services Debt-to-Equity Historical Data

The historical data trend for QMS Medical Allied Services'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.

QMS Medical Allied Services Debt-to-Equity Chart

QMS Medical Allied Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.26

0.97

1.03

0.36

QMS Medical Allied Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					N/A	0.36	N/A	0.45	N/A

Competitive Comparison of QMS Medical Allied Services's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.

QMS Medical Allied Services's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where QMS Medical Allied Services's Debt-to-Equity falls into.

QMS Medical Allied Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QMS Medical Allied Services'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
	=	(240.648	+	14.571)	/	704.039
	=	0.36

QMS Medical Allied Services's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	0
	=	N/A

QMS Medical Allied Services (NSE:QMSMEDI) 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.

QMS Medical Allied Services Debt-to-Equity Related Terms

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QMS Medical Allied Services (NSE:QMSMEDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » QMS Medical Allied Services Ltd (NSE:QMSMEDI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055

Website

https://qmsmas.com

QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.

QMS Medical Allied Services (NSE:QMSMEDI) Headlines

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