Alibaba Health Information Technology (Alibaba Health Information Technology) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Alibaba Health Information Technology Debt-to-Equity?

Alibaba Health Information Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5 Mil. Alibaba Health Information Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $7 Mil. Alibaba Health Information Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $2,205 Mil. Alibaba Health Information Technology'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 Alibaba Health Information Technology's Debt-to-Equity or its related term are showing as below:

ALBHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.61
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Alibaba Health Information Technology was 0.61. The lowest was 0.00. And the median was 0.01.

ALBHF's Debt-to-Equity is ranked better than
99.82% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs ALBHF: 0.01

Alibaba Health Information Technology Debt-to-Equity Historical Data

The historical data trend for Alibaba Health Information Technology'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.

Alibaba Health Information Technology Debt-to-Equity Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.61

0.01

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Alibaba Health Information Technology's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Alibaba Health Information Technology'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.

Alibaba Health Information Technology's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alibaba Health Information Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alibaba Health Information Technology's Debt-to-Equity falls into.

Alibaba Health Information Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alibaba Health Information Technology's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(5.433	+	5.857)	/	2201.973
	=	0.01

Alibaba Health Information Technology'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
	=	(5.329	+	6.761)	/	2204.573
	=	0.01

Alibaba Health Information Technology (OTCPK:ALBHF) 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.

Alibaba Health Information Technology Debt-to-Equity Related Terms

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Alibaba Health Information Technology (Alibaba Health Information Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alibaba Health Information Technology Ltd (OTCPK:ALBHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALBBY:USA 00241:Hong Kong TWYA:Germany TWY:Germany TWY:Germany

Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.