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Medi Assist Healthcare Services (NSE:MEDIASSIST) Debt-to-Asset : 0.03 (As of Mar. 2024)


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What is Medi Assist Healthcare Services Debt-to-Asset?

Medi Assist Healthcare Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹111 Mil. Medi Assist Healthcare Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹153 Mil. Medi Assist Healthcare Services's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹8,506 Mil. Medi Assist Healthcare Services's debt to asset for the quarter that ended in Mar. 2024 was 0.03.

Medi Assist Healthcare Services Debt-to-Asset Historical Data

The historical data trend for Medi Assist Healthcare Services's Debt-to-Asset 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.

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Medi Assist Healthcare Services Debt-to-Asset Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
0.07 0.05 0.04 0.03

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-Asset Get a 7-Day Free Trial 0.05 - 0.04 0.04 0.03

Competitive Comparison of Medi Assist Healthcare Services's Debt-to-Asset

For the Healthcare Plans subindustry, Medi Assist Healthcare Services's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Medi Assist Healthcare Services's Debt-to-Asset Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Debt-to-Asset falls into.


Medi Assist Healthcare Services Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Medi Assist Healthcare Services's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(110.65 + 152.66) / 8505.84
=0.03

Medi Assist Healthcare Services's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(110.65 + 152.66) / 8505.84
=0.03

* 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.

Medi Assist Healthcare Services  (NSE:MEDIASSIST) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Medi Assist Healthcare Services Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Medi Assist Healthcare Services's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Debt-to-Asset
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544088:India
Address
Website
Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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