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Arem Pacific (Arem Pacific) Debt-to-Equity : -22.11 (As of Dec. 2023)


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What is Arem Pacific Debt-to-Equity?

Arem Pacific's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil. Arem Pacific's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.12 Mil. Arem Pacific's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.01 Mil. Arem Pacific's debt to equity for the quarter that ended in Dec. 2023 was -22.11.

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 Arem Pacific's Debt-to-Equity or its related term are showing as below:

ARPC' s Debt-to-Equity Range Over the Past 10 Years
Min: -22.11   Med: -5.69   Max: 29.4
Current: -22.11

During the past 7 years, the highest Debt-to-Equity Ratio of Arem Pacific was 29.40. The lowest was -22.11. And the median was -5.69.

ARPC's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.49 vs ARPC: -22.11

Arem Pacific Debt-to-Equity Historical Data

The historical data trend for Arem Pacific'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.

Arem Pacific Debt-to-Equity Chart

Arem Pacific Annual Data
Trend Jun15 Jun16 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial -6.39 -6.49 -17.61 29.40 -5.00

Arem Pacific Quarterly Data
Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Jun19 Jun20 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 3.44 -3.73 -5.00 -6.45 -22.11

Competitive Comparison of Arem Pacific's Debt-to-Equity

For the Medical Care Facilities subindustry, Arem Pacific'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.


Arem Pacific's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arem Pacific's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arem Pacific's Debt-to-Equity falls into.



Arem Pacific Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arem Pacific's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Arem Pacific'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.


Arem Pacific  (OTCPK:ARPC) 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.


Arem Pacific Debt-to-Equity Related Terms

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


Arem Pacific (Arem Pacific) Business Description

Traded in Other Exchanges
N/A
Address
271 Blackburn Road, Mount Waverley, Melbourne, VIC, AUS, 3149
Arem Pacific Corporation is engaged in providing wellness services. The company operates in one industry and one geographical segment, those being Oriental holistic health services and Australia. The Wellness center provides services including Acupressure/Reflexology which is acupuncture without needles, Massage Therapy involving application of soft-tissue manipulation techniques to the body and Cupping involving warming of glass cups through a flammable substance. It also offers Neck, shoulder, back, legs, full body massages and deep tissue and hot oil massage. It derives revenues through the provision of therapeutic health services from its Oriental holistic health centres.