Ryman Healthcare (FRA:RH7) Debt-to-Equity : 0.52 (As of Sep. 2023)

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What is Ryman Healthcare Debt-to-Equity?

Ryman Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.0 Mil. Ryman Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €1,397.2 Mil. Ryman Healthcare's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €2,703.2 Mil. Ryman Healthcare's debt to equity for the quarter that ended in Sep. 2023 was 0.52.

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 Ryman Healthcare's Debt-to-Equity or its related term are showing as below:

FRA:RH7' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.64 Max: 1.81
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Ryman Healthcare was 1.81. The lowest was 0.30. And the median was 0.64.

FRA:RH7's Debt-to-Equity is ranked worse than
52.65% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs FRA:RH7: 0.52

Ryman Healthcare Debt-to-Equity Historical Data

The historical data trend for Ryman Healthcare'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.

Ryman Healthcare Debt-to-Equity Chart

Ryman Healthcare Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.61

0.76

0.81

0.75

0.50

Ryman Healthcare Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.81	0.75	0.84	0.50	0.52

Competitive Comparison of Ryman Healthcare's Debt-to-Equity

For the Medical Care Facilities subindustry, Ryman Healthcare'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.

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

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

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

Ryman Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ryman Healthcare's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(68.179	+	1291.216)	/	2703.96
	=	0.50

Ryman Healthcare's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	1397.186)	/	2703.166
	=	0.52

Ryman Healthcare (FRA:RH7) 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.

Ryman Healthcare Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ryman Healthcare's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ryman Healthcare (FRA:RH7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ryman Healthcare Ltd (FRA:RH7) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RYHTY:USA RHCGF:USA RYM:New Zealand

Address

92 Russley Road, P.O. Box 771, Airport Business Park, Christchurch, STL, NZL, 8042

Website

https://www.rymanhealthcare.co.nz

Ryman Healthcare develops, owns, and operates retirement villages and aged-care facilities in New Zealand and Australia. Most of its villages offer a combination of independent and serviced units, alongside hospital, dementia, and rest-home care. Income is predominantly earned from aged care fees, retirement unit management fees, development margins on new units, and capital gains generated when residents vacate and Ryman resells existing units.

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