GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Baird Medical Investment Holdings Ltd (NAS:BDMD) » Definitions » Debt-to-Asset

BDMD (Baird Medical Investment Holdings) Debt-to-Asset : 0.25 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Baird Medical Investment Holdings Debt-to-Asset?

Baird Medical Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $14.17 Mil. Baird Medical Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1.35 Mil. Baird Medical Investment Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $63.00 Mil. Baird Medical Investment Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.25.

Baird Medical Investment Holdings Debt-to-Asset Historical Data

The historical data trend for Baird Medical Investment Holdings's Debt-to-Asset 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.

Baird Medical Investment Holdings Debt-to-Asset Chart

Baird Medical Investment Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.12 0.18 0.20

Baird Medical Investment Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset 0.12 0.18 - 0.20 0.25

Competitive Comparison of Baird Medical Investment Holdings's Debt-to-Asset

For the Medical Devices subindustry, Baird Medical Investment Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Baird Medical Investment Holdings's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Baird Medical Investment Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Baird Medical Investment Holdings's Debt-to-Asset falls into.


;
;

Baird Medical Investment Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Baird Medical Investment Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(9.488 + 2.026) / 56.708
=0.20

Baird Medical Investment Holdings's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(14.166 + 1.351) / 63.003
=0.25

* 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.

Baird Medical Investment Holdings  (NAS:BDMD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Baird Medical Investment Holdings Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Baird Medical Investment Holdings's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Baird Medical Investment Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Baird Medical Investment Holdings Ltd (NAS:BDMD) » Definitions » Debt-to-Asset
Comparable Companies
ELMD ARAY INGN DTXMF OM NVRO TLSI RCEL QSI MYO ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA ZBH
Traded in Other Exchanges
N/A
Address
No.15 Rongtong Street, Room 202, 2nd Floor, Baide Building, Building 11, Yuexiu, Guangzhou, CHN
Website
Baird Medical Investment Holdings Ltd is one of the microwave ablation medical device developers and providers in the PRC for minimally invasive treatment of tumors. Its proprietary medical devices are used for the treatment of benign and malignant tumors, including thyroid nodules, liver cancer, lung cancer and breast lumps. Microwave ablation is a minimally invasive treatment technique that denaturalizes and coagulates the protein of tumor cells with extreme heat generated by microwave energy. Microwave ablation treatments have been applied to benign and malignant tumors, and the company believes the products are safer, minimally invasive and easier to operate with faster recovery periods and lower complication rates for patients, as compared to traditional treatment methods.