Healthlead PCL (BKK:HL) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Healthlead PCL Debt-to-Equity?

Healthlead PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿25 Mil. Healthlead PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿199 Mil. Healthlead PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿968 Mil. Healthlead PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 Healthlead PCL's Debt-to-Equity or its related term are showing as below:

BKK:HL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.23 Max: 1.01
Current: 0.23

During the past 5 years, the highest Debt-to-Equity Ratio of Healthlead PCL was 1.01. The lowest was 0.14. And the median was 0.23.

BKK:HL's Debt-to-Equity is ranked better than
54.88% of 82 companies
in the Medical Distribution industry
Industry Median: 0.33 vs BKK:HL: 0.23

Healthlead PCL Debt-to-Equity Historical Data

The historical data trend for Healthlead PCL'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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Healthlead PCL Debt-to-Equity Chart

Healthlead PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.52

1.01

0.14

0.18

0.23

Healthlead PCL Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.18	0.19	0.20	0.21	0.23

Competitive Comparison of Healthlead PCL's Debt-to-Equity

For the Medical Distribution subindustry, Healthlead PCL'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.

Healthlead PCL's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Healthlead PCL's Debt-to-Equity distribution charts can be found below:

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

Healthlead PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthlead PCL's Debt to Equity Ratio for the fiscal year 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
	=	(25.354	+	198.947)	/	968.051
	=	0.23

Healthlead PCL'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
	=	(25.354	+	198.947)	/	968.051
	=	0.23

Healthlead PCL (BKK:HL) 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.

Healthlead PCL Debt-to-Equity Related Terms

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Healthlead PCL (BKK:HL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Healthlead PCL (BKK:HL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

99/4 Moo 10, Bang Muang Sub-District, Bang-Yai District, Nonthaburi, THA, 11140

Website

https://www.healthleadgroup.com

Healthlead PCL is engaged in the business of healthcare-related and medical products. It operates in the pharmacy business, distribution of medical supplies, cosmeceuticals, and dietary supplements. medical equipment and various health products. as well as in business regarding invention business, developing, importing, and distributing innovative healthcare products.