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Candela Medical (Candela Medical) Debt-to-Asset : 0.16 (As of Jun. 2021)


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What is Candela Medical Debt-to-Asset?

Candela Medical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.4 Mil. Candela Medical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $87.5 Mil. Candela Medical's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2021 was $540.2 Mil. Candela Medical's debt to asset for the quarter that ended in Jun. 2021 was 0.16.


Candela Medical Debt-to-Asset Historical Data

The historical data trend for Candela Medical'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.

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Candela Medical Debt-to-Asset Chart

Candela Medical Annual Data
Trend Dec19 Dec20
Debt-to-Asset
0.10 0.22

Candela Medical Quarterly Data
Dec19 Dec20 Jun21
Debt-to-Asset 0.10 0.22 0.16

Competitive Comparison of Candela Medical's Debt-to-Asset

For the Medical Devices subindustry, Candela Medical'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.


Candela Medical's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Candela Medical Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Candela Medical's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(32.452 + 85.756) / 532.877
=0.22

Candela Medical's Debt-to-Asset for the quarter that ended in Jun. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.403 + 87.454) / 540.212
=0.16

* 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.


Candela Medical  (NAS:CDLA) 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.


Candela Medical Debt-to-Asset Related Terms

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Candela Medical (Candela Medical) Business Description

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