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JMI Syringes & Medical Devices (DHA:JMISMDL) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is JMI Syringes & Medical Devices Debt-to-Equity?

JMI Syringes & Medical Devices's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT42 Mil. JMI Syringes & Medical Devices's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT1 Mil. JMI Syringes & Medical Devices's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT2,570 Mil. JMI Syringes & Medical Devices's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 JMI Syringes & Medical Devices's Debt-to-Equity or its related term are showing as below:

DHA:JMISMDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 1.17   Max: 2.38
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of JMI Syringes & Medical Devices was 2.38. The lowest was 0.02. And the median was 1.17.

DHA:JMISMDL's Debt-to-Equity is ranked better than
92.28% of 712 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs DHA:JMISMDL: 0.02

JMI Syringes & Medical Devices Debt-to-Equity Historical Data

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Debt-to-Equity Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.03 0.08 0.05

JMI Syringes & Medical Devices Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.07 0.05 0.03 0.02

Competitive Comparison of JMI Syringes & Medical Devices's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.


JMI Syringes & Medical Devices's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where JMI Syringes & Medical Devices's Debt-to-Equity falls into.



JMI Syringes & Medical Devices Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JMI Syringes & Medical Devices's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

JMI Syringes & Medical Devices'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.


JMI Syringes & Medical Devices  (DHA:JMISMDL) 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.


JMI Syringes & Medical Devices Debt-to-Equity Related Terms

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JMI Syringes & Medical Devices (DHA:JMISMDL) Business Description

Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.

JMI Syringes & Medical Devices (DHA:JMISMDL) Headlines

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