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QIPT (Quipt Home Medical) Debt-to-Asset : 0.39 (As of Jun. 2024)


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What is Quipt Home Medical Debt-to-Asset?

Quipt Home Medical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $25.4 Mil. Quipt Home Medical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $72.6 Mil. Quipt Home Medical's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $249.8 Mil. Quipt Home Medical's debt to asset for the quarter that ended in Jun. 2024 was 0.39.


Quipt Home Medical Debt-to-Asset Historical Data

The historical data trend for Quipt Home 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.

* Premium members only.

Quipt Home Medical Debt-to-Asset Chart

Quipt Home Medical Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.32 0.25 0.20 0.40

Quipt Home Medical Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Asset 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 0.40 0.40 0.39 0.39 0.39

Competitive Comparison of Quipt Home Medical's Debt-to-Asset

For the Medical Devices subindustry, Quipt Home 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.


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

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

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



Quipt Home Medical Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Quipt Home Medical's Debt-to-Asset for the fiscal year that ended in Sep. 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
=(22.588 + 75.375) / 247.408
=0.40

Quipt Home Medical'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
=(25.429 + 72.588) / 249.784
=0.39

* 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.


Quipt Home Medical  (NAS:QIPT) 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.


Quipt Home Medical Debt-to-Asset Related Terms

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Quipt Home Medical Business Description

Traded in Other Exchanges
Address
1019 Town Drive, Wilder, KY, USA, 41076
Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.