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Rainbow Childrens Medicare (NSE:RAINBOW) Debt-to-Equity : 0.61 (As of Mar. 2024)


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What is Rainbow Childrens Medicare Debt-to-Equity?

Rainbow Childrens Medicare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹170 Mil. Rainbow Childrens Medicare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹7,483 Mil. Rainbow Childrens Medicare's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹12,589 Mil. Rainbow Childrens Medicare's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

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 Rainbow Childrens Medicare's Debt-to-Equity or its related term are showing as below:

NSE:RAINBOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54   Med: 1.06   Max: 1.25
Current: 0.61

During the past 6 years, the highest Debt-to-Equity Ratio of Rainbow Childrens Medicare was 1.25. The lowest was 0.54. And the median was 1.06.

NSE:RAINBOW's Debt-to-Equity is ranked worse than
56.02% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs NSE:RAINBOW: 0.61

Rainbow Childrens Medicare Debt-to-Equity Historical Data

The historical data trend for Rainbow Childrens Medicare'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.

Rainbow Childrens Medicare Debt-to-Equity Chart

Rainbow Childrens Medicare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial 1.21 1.16 0.96 0.54 0.61

Rainbow Childrens Medicare Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 N/A 0.55 N/A 0.61

Competitive Comparison of Rainbow Childrens Medicare's Debt-to-Equity

For the Medical Care Facilities subindustry, Rainbow Childrens Medicare'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.


Rainbow Childrens Medicare's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rainbow Childrens Medicare's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rainbow Childrens Medicare's Debt-to-Equity falls into.



Rainbow Childrens Medicare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rainbow Childrens Medicare's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Rainbow Childrens Medicare's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Rainbow Childrens Medicare  (NSE:RAINBOW) 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.


Rainbow Childrens Medicare Debt-to-Equity Related Terms

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


Rainbow Childrens Medicare (NSE:RAINBOW) Business Description

Traded in Other Exchanges
Address
Road No. 2, Banjara Hills, 8-2-120/103/1, Survey No. 403, Hyderabad, TG, IND, 500034
Rainbow Childrens Medicare Ltd operates a multi-specialty pediatric, obstetrics, and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.

Rainbow Childrens Medicare (NSE:RAINBOW) Headlines

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