GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aster DM Healthcare Ltd (BOM:540975) » Definitions » Liabilities-to-Assets

Aster DM Healthcare (BOM:540975) Liabilities-to-Assets : 0.72 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Aster DM Healthcare Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Aster DM Healthcare's Total Liabilities for the quarter that ended in Mar. 2024 was ₹129,612 Mil. Aster DM Healthcare's Total Assets for the quarter that ended in Mar. 2024 was ₹179,913 Mil. Therefore, Aster DM Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.72.


Aster DM Healthcare Liabilities-to-Assets Historical Data

The historical data trend for Aster DM Healthcare's Liabilities-to-Assets 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.

Aster DM Healthcare Liabilities-to-Assets Chart

Aster DM Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.67 0.64 0.67 0.72

Aster DM Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.67 - 0.69 - 0.72

Competitive Comparison of Aster DM Healthcare's Liabilities-to-Assets

For the Medical Care Facilities subindustry, Aster DM Healthcare's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Aster DM Healthcare's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aster DM Healthcare's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Aster DM Healthcare's Liabilities-to-Assets falls into.



Aster DM Healthcare Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Aster DM Healthcare's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=129612/179913.1
=0.72

Aster DM Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=129612/179913.1
=0.72

* 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.


Aster DM Healthcare  (BOM:540975) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Aster DM Healthcare Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Aster DM Healthcare's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Aster DM Healthcare (BOM:540975) Business Description

Traded in Other Exchanges
Address
33rd Floor, Tower-D, Aspect Towers, Executive Tower at Bay Avenue, P.O. Box 8703, Business Bay, Dubai, ARE
Aster DM Healthcare Ltd is an India-based company that engages in the provision of healthcare solutions. The company operates in multiple business divisions of the healthcare industry, including hospitals, clinics, and retail pharmacies and provides health care services to patients across economic segments in several GCC states through various brands Aster, Medcare and Access. Its segments are Hospitals, Clinics, Retail pharmacies and others, of which key revenue is derived from the Hospitals segment The company conducts operations in all GCC states, comprising of United Arab Emirates, Qatar, Oman, Kingdom of Saudi Arabia, Jordan, Kuwait and Bahrain; India, and UAE.

Aster DM Healthcare (BOM:540975) Headlines

No Headlines