Alternate Health (Alternate Health) Debt-to-Equity : -17.63 (As of Sep. 2019)

View and export this data going back to 2017. Start your Free Trial

What is Alternate Health Debt-to-Equity?

Alternate Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.98 Mil. Alternate Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $1.61 Mil. Alternate Health's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.15 Mil. Alternate Health's debt to equity for the quarter that ended in Sep. 2019 was -17.63.

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

AHGIF's Debt-to-Equity is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Alternate Health Debt-to-Equity Historical Data

The historical data trend for Alternate 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.

Alternate Health Debt-to-Equity Chart

Alternate Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

N/A

2.34

Alternate Health Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-Equity	Get a 7-Day Free Trial														0.33	2.34	-3.45	-1.17	-17.63

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

For the Health Information Services subindustry, Alternate 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.

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

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

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

Alternate Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alternate Health's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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	+	1.875)	/	0.8
	=	2.34

Alternate Health's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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
	=	(0.982	+	1.609)	/	-0.147
	=	-17.63

Alternate Health (OTCPK:AHGIF) 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.

Alternate Health Debt-to-Equity Related Terms

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

Alternate Health (Alternate Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alternate Health Corp (OTCPK:AHGIF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7373 Broadway Street, Suite 307, San Antonio, TX, USA, 78209

Website

https://www.alternatehealth.ca

Alternate Health Corp is a healthcare company. It uses expertise in technology and data analytics to revolutionize patient care and research in the emerging medical cannabis industry. It offers practice management and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry.