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Aashka Hospitals (BOM:543346) Liabilities-to-Assets : 0.21 (As of Mar. 2024)


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What is Aashka Hospitals 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. Aashka Hospitals's Total Liabilities for the quarter that ended in Mar. 2024 was ₹251.8 Mil. Aashka Hospitals's Total Assets for the quarter that ended in Mar. 2024 was ₹1,214.5 Mil. Therefore, Aashka Hospitals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.21.


Aashka Hospitals Liabilities-to-Assets Historical Data

The historical data trend for Aashka Hospitals'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.

Aashka Hospitals Liabilities-to-Assets Chart

Aashka Hospitals Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.60 0.55 0.25 - 0.21

Aashka Hospitals Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.25 0.26 - 0.23 0.21

Competitive Comparison of Aashka Hospitals's Liabilities-to-Assets

For the Medical Care Facilities subindustry, Aashka Hospitals'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.


Aashka Hospitals's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Aashka Hospitals's Liabilities-to-Assets falls into.



Aashka Hospitals 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.

Aashka Hospitals'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
=251.791/1214.535
=0.21

Aashka Hospitals'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
=251.791/1214.535
=0.21

* 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.


Aashka Hospitals  (BOM:543346) 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.


Aashka Hospitals Liabilities-to-Assets Related Terms

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Aashka Hospitals (BOM:543346) Business Description

Traded in Other Exchanges
N/A
Address
Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar, GJ, IND, 382421
Aashka Hospital Ltd is an integrated healthcare service provider that offers the quality of healthcare facilities including prevention, treatment, and rehabilitation. It serves a range of healthcare services such as Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more. The group also includes the operation of Multi-Disciplinary Private Hospital, Clinics, and Pharmacies.

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