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Fortis Healthcare (BOM:532843) Debt-to-Revenue : 0.16 (As of Mar. 2024)


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What is Fortis Healthcare Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Fortis Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹1,692 Mil. Fortis Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹9,858 Mil. Fortis Healthcare's annualized Revenue for the quarter that ended in Mar. 2024 was ₹71,435 Mil. Fortis Healthcare's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.


Fortis Healthcare Debt-to-Revenue Historical Data

The historical data trend for Fortis Healthcare's Debt-to-Revenue 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.

Fortis Healthcare Debt-to-Revenue Chart

Fortis Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.39 0.22 0.15 0.17

Fortis Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.14 - 0.15 - 0.16

Competitive Comparison of Fortis Healthcare's Debt-to-Revenue

For the Medical Care Facilities subindustry, Fortis Healthcare's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Fortis Healthcare's Debt-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fortis Healthcare's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Fortis Healthcare's Debt-to-Revenue falls into.



Fortis Healthcare Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Fortis Healthcare's Debt-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1692 + 9858.2) / 68929.2
=0.17

Fortis Healthcare's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1692 + 9858.2) / 71435.2
=0.16

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Fortis Healthcare Debt-to-Revenue Related Terms

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Fortis Healthcare (BOM:532843) Business Description

Traded in Other Exchanges
Address
Tower - A, Unitech Business Park, Block - F, South City 1, Sector - 41, Gurugram, HR, IND, 122001
Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's most prominent specialty in its hospital business is cardiac sciences. The Company is primarily engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. A majority of the company's revenue is derived from India.

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