InteliCare Holdings (ASX:ICR) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is InteliCare Holdings Debt-to-Equity?

InteliCare Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.31 Mil. InteliCare Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. InteliCare Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.93 Mil. InteliCare Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 InteliCare Holdings's Debt-to-Equity or its related term are showing as below:

ASX:ICR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.77
Current: 0.33

During the past 4 years, the highest Debt-to-Equity Ratio of InteliCare Holdings was 0.77. The lowest was 0.01. And the median was 0.04.

ASX:ICR's Debt-to-Equity is ranked better than
58.87% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs ASX:ICR: 0.33

InteliCare Holdings Debt-to-Equity Historical Data

The historical data trend for InteliCare Holdings'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.

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InteliCare Holdings Debt-to-Equity Chart

InteliCare Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.04

0.03

0.01

0.77

InteliCare Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.01	0.01	0.53	0.77	0.33

Competitive Comparison of InteliCare Holdings's Debt-to-Equity

For the Health Information Services subindustry, InteliCare Holdings'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.

InteliCare Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

InteliCare Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

InteliCare Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.727	+	0)	/	0.949
	=	0.77

InteliCare Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.306	+	0)	/	0.927
	=	0.33

InteliCare Holdings (ASX:ICR) 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.

InteliCare Holdings Debt-to-Equity Related Terms

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InteliCare Holdings (ASX:ICR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » InteliCare Holdings Ltd (ASX:ICR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

299 Vincent Street, Level 1, Leederville, Perth, WA, AUS, 6007

Website

https://www.intelicare.com.au

InteliCare Holdings Ltd is an Australian firm engaged in healthcare solutions through hardware, software service packaging which supports aging or disabled persons. Its platform provides families and caregivers with a real-time view of the well-being of people in an independent living environment. Business software uses discreet sensors that are placed around the home, in doorways and on key appliances, designed to gather information on movement, activity levels, temperature and more, to relay information about behaviour such as sleeping patterns, social outings, meal preparation, any potential health issues etc. The product portfolio includes InteliCare Hub, Smart sensors, Downloadable Applications, and Optional Duress Pendants. Substantial revenue comes from hardware sales.

InteliCare Holdings (ASX:ICR) Headlines

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