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Symbion Health (ASX:SY1) Debt-to-Equity : 0.69 (As of Jun. 2007)


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What is Symbion Health Debt-to-Equity?

Symbion Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was A$2.34 Mil. Symbion Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was A$598.87 Mil. Symbion Health's Total Stockholders Equity for the quarter that ended in Jun. 2007 was A$871.79 Mil. Symbion Health's debt to equity for the quarter that ended in Jun. 2007 was 0.69.

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 Symbion Health's Debt-to-Equity or its related term are showing as below:

ASX:SY1's Debt-to-Equity is not ranked *
in the Healthcare Plans industry.
Industry Median: 0.53
* Ranked among companies with meaningful Debt-to-Equity only.

Symbion Health Debt-to-Equity Historical Data

The historical data trend for Symbion Health'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.

Symbion Health Debt-to-Equity Chart

Symbion Health Annual Data
Trend Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.30 0.27 0.74 0.69

Symbion Health Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.30 0.27 0.74 0.69

Competitive Comparison of Symbion Health's Debt-to-Equity

For the Healthcare Plans subindustry, Symbion Health'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.


Symbion Health's Debt-to-Equity Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Symbion Health's Debt-to-Equity distribution charts can be found below:

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



Symbion Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Symbion Health's Debt to Equity Ratio for the fiscal year that ended in Jun. 2007 is calculated as

Symbion Health's Debt to Equity Ratio for the quarter that ended in Jun. 2007 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.


Symbion Health  (ASX:SY1) 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.


Symbion Health Debt-to-Equity Related Terms

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


Symbion Health (ASX:SY1) Business Description

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Symbion Group Limited (SYB, formerly Mayne Group Limited) is a healthcare-focused company comprised of 5 divisions: Pathology; Medical Centres; Imaging; Pharmacy Services; and Symbion Consumer.

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