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Patient Access Solutions (Patient Access Solutions) Debt-to-Equity : -25.63 (As of Jul. 2008)


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What is Patient Access Solutions Debt-to-Equity?

Patient Access Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2008 was $0.75 Mil. Patient Access Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2008 was $0.69 Mil. Patient Access Solutions's Total Stockholders Equity for the quarter that ended in Jul. 2008 was $-0.06 Mil. Patient Access Solutions's debt to equity for the quarter that ended in Jul. 2008 was -25.63.

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 Patient Access Solutions's Debt-to-Equity or its related term are showing as below:

PASO's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

Patient Access Solutions Debt-to-Equity Historical Data

The historical data trend for Patient Access Solutions'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.

Patient Access Solutions Debt-to-Equity Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Debt-to-Equity
- -1.00 -1.14

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Debt-to-Equity Get a 7-Day Free Trial - -1.00 -0.83 -4.19 -25.63

Competitive Comparison of Patient Access Solutions's Debt-to-Equity

For the Health Information Services subindustry, Patient Access Solutions'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.


Patient Access Solutions's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Patient Access Solutions's Debt-to-Equity falls into.



Patient Access Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Patient Access Solutions's Debt to Equity Ratio for the fiscal year that ended in Oct. 2008 is calculated as

Patient Access Solutions's Debt to Equity Ratio for the quarter that ended in Jul. 2008 is calculated as

* 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.


Patient Access Solutions  (OTCPK:PASO) 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.


Patient Access Solutions Debt-to-Equity Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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