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Perimeter Medical Imaging AI (TSXV:PINK) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Perimeter Medical Imaging AI Debt-to-Equity?

Perimeter Medical Imaging AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.07 Mil. Perimeter Medical Imaging AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.19 Mil. Perimeter Medical Imaging AI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$20.21 Mil. Perimeter Medical Imaging AI's debt to equity for the quarter that ended in Dec. 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 Perimeter Medical Imaging AI's Debt-to-Equity or its related term are showing as below:

TSXV:PINK' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.86   Med: 0.01   Max: 0.06
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Perimeter Medical Imaging AI was 0.06. The lowest was -0.86. And the median was 0.01.

TSXV:PINK's Debt-to-Equity is ranked better than
99.86% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs TSXV:PINK: 0.01

Perimeter Medical Imaging AI Debt-to-Equity Historical Data

The historical data trend for Perimeter Medical Imaging AI'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.

Perimeter Medical Imaging AI Debt-to-Equity Chart

Perimeter Medical Imaging AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.86 0.04 0.06 0.01 0.01

Perimeter Medical Imaging AI 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 0.01 0.01 0.02 0.01 0.01

Competitive Comparison of Perimeter Medical Imaging AI's Debt-to-Equity

For the Medical Devices subindustry, Perimeter Medical Imaging AI'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.


Perimeter Medical Imaging AI's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Perimeter Medical Imaging AI's Debt-to-Equity falls into.



Perimeter Medical Imaging AI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perimeter Medical Imaging AI's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Perimeter Medical Imaging AI'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.


Perimeter Medical Imaging AI  (TSXV:PINK) 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.


Perimeter Medical Imaging AI Debt-to-Equity Related Terms

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


Perimeter Medical Imaging AI (TSXV:PINK) Business Description

Traded in Other Exchanges
Address
8585 N. Stemmons Freeway, Suite 106N, Dallas, TX, USA, 75247
Perimeter Medical Imaging AI Inc is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs. The company is developing, with plans to commercialize, advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure.
Executives
Joshua Greene Vose Director

Perimeter Medical Imaging AI (TSXV:PINK) Headlines

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