Optiscan Imaging (ASX:OIL) Debt-to-Equity : 0.03 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Optiscan Imaging Debt-to-Equity?

Optiscan Imaging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.38 Mil. Optiscan Imaging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.08 Mil. Optiscan Imaging's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$16.39 Mil. Optiscan Imaging's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Optiscan Imaging's Debt-to-Equity or its related term are showing as below:

ASX:OIL' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.55 Med: 0.07 Max: 9.63
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Optiscan Imaging was 9.63. The lowest was -4.55. And the median was 0.07.

ASX:OIL's Debt-to-Equity is ranked better than
90.16% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs ASX:OIL: 0.03

Optiscan Imaging Debt-to-Equity Historical Data

The historical data trend for Optiscan Imaging'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.

Optiscan Imaging Debt-to-Equity Chart

Optiscan Imaging Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.75

0.07

0.08

0.14

Optiscan Imaging Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.08	0.12	0.14	0.03

Competitive Comparison of Optiscan Imaging's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.

Optiscan Imaging's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optiscan Imaging's Debt-to-Equity distribution charts can be found below:

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

Optiscan Imaging Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optiscan Imaging'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
	=	(0.232	+	0.181)	/	3.044
	=	0.14

Optiscan Imaging'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
	=	(0.376	+	0.078)	/	16.394
	=	0.03

Optiscan Imaging (ASX:OIL) 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.

Optiscan Imaging Debt-to-Equity Related Terms

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

Optiscan Imaging (ASX:OIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Optiscan Imaging Ltd (ASX:OIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.optiscan.com

Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.