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Jupiter Life Line Hospitals (NSE:JLHL) Liabilities-to-Assets : 0.09 (As of Mar. 2024)


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What is Jupiter Life Line 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. Jupiter Life Line Hospitals's Total Liabilities for the quarter that ended in Mar. 2024 was ₹1,126 Mil. Jupiter Life Line Hospitals's Total Assets for the quarter that ended in Mar. 2024 was ₹12,813 Mil. Therefore, Jupiter Life Line Hospitals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.09.


Jupiter Life Line Hospitals Liabilities-to-Assets Historical Data

The historical data trend for Jupiter Life Line 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.

Jupiter Life Line Hospitals Liabilities-to-Assets Chart

Jupiter Life Line Hospitals Annual Data
Trend Mar21 Mar22 Mar23
Liabilities-to-Assets
0.69 0.68 0.63

Jupiter Life Line Hospitals Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 - 0.12 - 0.09

Competitive Comparison of Jupiter Life Line Hospitals's Liabilities-to-Assets

For the Medical Care Facilities subindustry, Jupiter Life Line 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.


Jupiter Life Line Hospitals's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

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

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



Jupiter Life Line 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.

Jupiter Life Line Hospitals's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=6216.24/9855.34
=0.63

Jupiter Life Line 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
=1125.94/12813.33
=0.09

* 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.


Jupiter Life Line Hospitals  (NSE:JLHL) 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.


Jupiter Life Line Hospitals Liabilities-to-Assets Related Terms

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Jupiter Life Line Hospitals (NSE:JLHL) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Service Rd, Next To Viviana Mall, Thane west, Thane, MH, IND, 400601
Jupiter Life Line Hospitals Ltd is a key multi-specialty tertiary and quaternary healthcare provider. The Company operates in one business and geographical segment which is healthcare services in India. The Hospital revenue comprises primarily of fees charged for inpatient and outpatient hospital services and other hospital services. Services include charges for accommodation, operation theatre, medical professional services, equipment, radiology, laboratory and pharmaceutical goods used.

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