Aiforia Technologies (OHEL:AIFORIA) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Aiforia Technologies Debt-to-Equity?

Aiforia Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.75 Mil. Aiforia Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.10 Mil. Aiforia Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €17.91 Mil. Aiforia Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Aiforia Technologies's Debt-to-Equity or its related term are showing as below:

OHEL:AIFORIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.35 Max: 4.08
Current: 0.33

During the past 6 years, the highest Debt-to-Equity Ratio of Aiforia Technologies was 4.08. The lowest was 0.08. And the median was 0.35.

OHEL:AIFORIA's Debt-to-Equity is ranked better than
59.2% of 549 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs OHEL:AIFORIA: 0.33

Aiforia Technologies Debt-to-Equity Historical Data

The historical data trend for Aiforia Technologies'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.

* Premium members only.

Aiforia Technologies Debt-to-Equity Chart

Aiforia Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.08

3.68

0.08

0.13

0.33

Aiforia Technologies Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.08	0.08	0.13	0.20	0.33

Competitive Comparison of Aiforia Technologies's Debt-to-Equity

For the Health Information Services subindustry, Aiforia Technologies'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.

Aiforia Technologies's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aiforia Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aiforia Technologies's Debt-to-Equity falls into.

Aiforia Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aiforia Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.748	+	5.099)	/	17.907
	=	0.33

Aiforia Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.748	+	5.099)	/	17.907
	=	0.33

Aiforia Technologies (OHEL:AIFORIA) 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.

Aiforia Technologies Debt-to-Equity Related Terms

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Aiforia Technologies (OHEL:AIFORIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aiforia Technologies PLC (OHEL:AIFORIA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

L6J:Germany

Address

Pursimiehenkatu 29-31 D, Helsinki, FIN, FI-00150

Website

https://www.aiforia.com

Aiforia Technologies PLC equips pathologists and scientists in preclinical and clinical labs with powerful deep learning artificial intelligence software for translating images into discoveries, decisions, and diagnoses. The cloud based Aiforia products and services aim to escalate the efficiency and precision of medical image analysis beyond current capabilities, across a variety of fields from oncology to neuroscience and more.

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