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Cue Health (Cue Health) Debt-to-Equity : 0.19 (As of Dec. 2023)


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What is Cue Health Debt-to-Equity?

Cue Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.30 Mil. Cue Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41.64 Mil. Cue Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $250.25 Mil. Cue Health's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 Cue Health's Debt-to-Equity or its related term are showing as below:

HLTH' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.2   Med: 0.08   Max: 0.19
Current: 0.19

During the past 5 years, the highest Debt-to-Equity Ratio of Cue Health was 0.19. The lowest was -0.20. And the median was 0.08.

HLTH's Debt-to-Equity is ranked better than
68.01% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs HLTH: 0.19

Cue Health Debt-to-Equity Historical Data

The historical data trend for Cue Health'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.

Cue Health Debt-to-Equity Chart

Cue Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.13 -0.20 0.08 0.10 0.19

Cue Health Quarterly Data
Dec19 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 0.10 0.11 0.12 0.13 0.19

Competitive Comparison of Cue Health's Debt-to-Equity

For the Health Information Services subindustry, Cue Health'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.


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

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

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



Cue Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Cue Health'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.


Cue Health  (NAS:HLTH) 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.


Cue Health Debt-to-Equity Related Terms

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


Cue Health (Cue Health) Business Description

Traded in Other Exchanges
N/A
Address
4980 Carroll Canyon Road, Suite 100, San Diego, CA, USA, 92121
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point-of-care, all in a device that fits in the palm of hand.
Executives
T-twelve Holdings, Llc 10 percent owner C/O SIERRA FIDUCIARY SUPPORT SERVICES, 100 WEST LIBERTY ST., SUITE 750, RENO NV 89501
Tup Investments, L.p. 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tarsadia Investments, Llc 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Cp (hlth), Llc 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tfc Manager, Llc 10 percent owner C/O SIERRA FIDUCIARY SUPPORT SERVICES, 100 WEST LIBERTY ST., SUITE 750, RENO NV 89501
Nvga I, Llc 10 percent owner 520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tccs I, Lp 10 percent owner 10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Tc Gp, Llc 10 percent owner 10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Tarsadia Capital, Llc 10 percent owner 10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Aasim Javed officer: Chief Financial Officer C/O CUE HEALTH INC, 4980 CARROLL CANYON RD SUITE 100, SAN DIEGO CA 92121
Randall E. Pollard officer: Chief Accounting Officer 6229 PINE TREE CT., LONG GROVE IL 60047
Clint Sever officer: Chief Product Officer C/O CUE HEALTH INC., 4980 CARROLL CANYON RD. SUITE 100, SAN DIEGO CA 92121
Sachin H. Jain director C/O CARDIOVASCULAR SYSTEMS, INC., 1225 OLD HIGHWAY 8 NW, ST. PAUL MN 55112
Joshua Ghaim director C/O CUE HEALTH INC., 4980 CARROLL CANYON ROAD SUITE 100, SAN DIEGO CA 92121
Kelly P. Day 10 percent owner 865 FIGUEROA STREET, SUITE 700, LOS ANGELES CA 90017