Inspiration Healthcare Group (LSE:IHC) Debt-to-Equity : 0.30 (As of Jul. 2023)

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What is Inspiration Healthcare Group Debt-to-Equity?

Inspiration Healthcare Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was £0.77 Mil. Inspiration Healthcare Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was £9.85 Mil. Inspiration Healthcare Group's Total Stockholders Equity for the quarter that ended in Jul. 2023 was £35.23 Mil. Inspiration Healthcare Group's debt to equity for the quarter that ended in Jul. 2023 was 0.30.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Inspiration Healthcare Group's Debt-to-Equity or its related term are showing as below:

LSE:IHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.37
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Inspiration Healthcare Group was 0.37. The lowest was 0.01. And the median was 0.08.

LSE:IHC's Debt-to-Equity is ranked worse than
56.27% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs LSE:IHC: 0.30

Inspiration Healthcare Group Debt-to-Equity Historical Data

The historical data trend for Inspiration Healthcare Group's Debt-to-Equity 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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Inspiration Healthcare Group Debt-to-Equity Chart

Inspiration Healthcare Group Annual Data

Trend

Dec14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

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0.05

0.10

0.21

0.37

Inspiration Healthcare Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.21	0.21	0.37	0.30

Competitive Comparison of Inspiration Healthcare Group's Debt-to-Equity

For the Medical Devices subindustry, Inspiration Healthcare Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Inspiration Healthcare Group's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Inspiration Healthcare Group's Debt-to-Equity falls into.

Inspiration Healthcare Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inspiration Healthcare Group's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.901	+	10.176)	/	35.474
	=	0.37

Inspiration Healthcare Group's Debt to Equity Ratio for the quarter that ended in Jul. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.77	+	9.852)	/	35.227
	=	0.30

Inspiration Healthcare Group (LSE:IHC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Inspiration Healthcare Group Debt-to-Equity Related Terms

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Inspiration Healthcare Group (LSE:IHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspiration Healthcare Group PLC (LSE:IHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL

Website

https://www.inspirationhealthcaregroup.com

Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.