Shanghai United Imaging Healthcare Co (SHSE:688271) Debt-to-Equity

: 0.01 (As of Sep. 2023)

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Shanghai United Imaging Healthcare Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥36 Mil. Shanghai United Imaging Healthcare Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥127 Mil. Shanghai United Imaging Healthcare Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥17,993 Mil. Shanghai United Imaging Healthcare Co's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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 Shanghai United Imaging Healthcare Co's Debt-to-Equity or its related term are showing as below:

SHSE:688271' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.87
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Shanghai United Imaging Healthcare Co was 0.87. The lowest was 0.01. And the median was 0.03.

SHSE:688271's Debt-to-Equity is ranked better than
99.86% of 711 companies
in the Medical Devices & Instruments industry
Industry Median: 0.2 vs SHSE:688271: 0.01

Shanghai United Imaging Healthcare Co Debt-to-Equity Historical Data

The historical data trend for Shanghai United Imaging Healthcare Co'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.

Shanghai United Imaging Healthcare Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.76

0.87

0.16

0.03

0.01

Shanghai United Imaging Healthcare Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity										0.01	0.01	0.01	0.01	0.01

Competitive Comparison

For the Medical Devices subindustry, Shanghai United Imaging Healthcare Co'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.

Shanghai United Imaging Healthcare Co Debt-to-Equity Distribution

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

* The bar in red indicates where Shanghai United Imaging Healthcare Co's Debt-to-Equity falls into.

Shanghai United Imaging Healthcare Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai United Imaging Healthcare Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(31.642	+	101.771)	/	17483.275
	=	0.01

Shanghai United Imaging Healthcare Co'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
	=	(36.159	+	127.073)	/	17993.261
	=	0.01

Shanghai United Imaging Healthcare Co (SHSE:688271) 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.

Shanghai United Imaging Healthcare Co Debt-to-Equity Related Terms

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Shanghai United Imaging Healthcare Co (SHSE:688271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai United Imaging Healthcare Co Ltd (SHSE:688271) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2258, Chengbei Road, Jiading District, Shanghai, CHN, 201807

Website

https://www.united-imaging.com

Shanghai United Imaging Healthcare Co Ltd is dedicated to providing, developing and producing high-performance advanced medical imaging, radiotherapy equipment, life science instruments and offers intelligent digital solutions to customers worldwide.

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