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Zota Health Care (NSE:ZOTA) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Zota Health Care Debt-to-Equity?

Zota Health Care's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Zota Health Care's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. Zota Health Care'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 Zota Health Care's Debt-to-Equity or its related term are showing as below:

NSE:ZOTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.27   Max: 0.56
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Zota Health Care was 0.56. The lowest was 0.10. And the median was 0.27.

NSE:ZOTA's Debt-to-Equity is ranked worse than
74.2% of 1066 companies
in the Biotechnology industry
Industry Median: 0.145 vs NSE:ZOTA: 0.49

Zota Health Care Debt-to-Equity Historical Data

The historical data trend for Zota Health Care'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.

Zota Health Care Debt-to-Equity Chart

Zota Health Care Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.17 0.56

Zota Health Care Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.56 N/A 0.49 N/A

Competitive Comparison of Zota Health Care's Debt-to-Equity

For the Biotechnology subindustry, Zota Health Care'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.


Zota Health Care's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zota Health Care's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zota Health Care's Debt-to-Equity falls into.



Zota Health Care Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zota Health Care's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Zota Health Care's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Zota Health Care  (NSE:ZOTA) 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.


Zota Health Care Debt-to-Equity Related Terms

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


Zota Health Care (NSE:ZOTA) Business Description

Traded in Other Exchanges
N/A
Address
2/896, Hira Modi Street, Zota House, Sagrampura, Surat, GJ, IND, 395002
Zota Health Care Ltd is engaged in manufacturing, trading and export of pharmaceutical products. The company caters to both domestic and international markets. It offers a vast range of pharmaceutical, nutraceutical, ayurvedic, and OTC products in India and overseas as well.

Zota Health Care (NSE:ZOTA) Headlines

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