Max Healthcare Institute (BOM:543220) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Max Healthcare Institute Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Max Healthcare Institute's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Max Healthcare Institute's Cash-to-Debt or its related term are showing as below:

BOM:543220' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.45 Max: 2.77
Current: 2.77

During the past 9 years, Max Healthcare Institute's highest Cash to Debt Ratio was 2.77. The lowest was 0.01. And the median was 0.45.

BOM:543220's Cash-to-Debt is ranked better than
71.56% of 661 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs BOM:543220: 2.77

Max Healthcare Institute Cash-to-Debt Historical Data

The historical data trend for Max Healthcare Institute's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Max Healthcare Institute Cash-to-Debt Chart

Max Healthcare Institute Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.01

2.62

0.47

0.42

1.41

Max Healthcare Institute Quarterly Data
	Mar18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.41	N/A	2.77	N/A

Competitive Comparison of Max Healthcare Institute's Cash-to-Debt

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

Max Healthcare Institute's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Max Healthcare Institute's Cash-to-Debt falls into.

Max Healthcare Institute Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Max Healthcare Institute's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12778.7	/	(904.7	+	8177.8)
	=	1.41

Max Healthcare Institute's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Max Healthcare Institute (BOM:543220) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Max Healthcare Institute Cash-to-Debt Related Terms

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Max Healthcare Institute (BOM:543220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Max Healthcare Institute Ltd (BOM:543220) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

MAXHEALTH:India

Address

Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011

Website

https://www.maxhealthcare.in

Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

Max Healthcare Institute (BOM:543220) Headlines

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