Qualis Innovations (Qualis Innovations) Debt-to-Equity : -0.02 (As of Dec. 2023)

Qualis Innovations Debt-to-Equity Chart

Qualis Innovations Annual Data
	Trend	Jul06	Jul07	Jul08	Jul09	Jul10	Dec11	Dec21	Dec22	Dec23
Debt-to-Equity		Get a 7-Day Free Trial				-	1.56	-	0.14	-0.02

Qualis Innovations Quarterly Data
	Jul10	Oct10	Jan11	Apr11	Sep11	Dec11	Mar12	Jun12	Sep12	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	-	-	-	-0.02

Competitive Comparison of Qualis Innovations's Debt-to-Equity

For the Medical Devices subindustry, Qualis Innovations'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.

Qualis Innovations's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

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

Qualis Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qualis Innovations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Qualis Innovations's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.

Qualis Innovations  (OTCPK:QLIS) 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.

Qualis Innovations Debt-to-Equity Related Terms

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Qualis Innovations (Qualis Innovations) Business Description