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BATM Advanced Communications (BATM Advanced Communications) Debt-to-Equity : 0.08 (As of Dec. 2023)


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What is BATM Advanced Communications Debt-to-Equity?

BATM Advanced Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.1 Mil. BATM Advanced Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.0 Mil. BATM Advanced Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $120.3 Mil. BATM Advanced Communications's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 BATM Advanced Communications's Debt-to-Equity or its related term are showing as below:

BVCLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.16
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of BATM Advanced Communications was 0.16. The lowest was 0.06. And the median was 0.08.

BVCLF's Debt-to-Equity is ranked better than
71.79% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs BVCLF: 0.08

BATM Advanced Communications Debt-to-Equity Historical Data

The historical data trend for BATM Advanced Communications'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.

BATM Advanced Communications Debt-to-Equity Chart

BATM Advanced Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.14 0.08 0.09 0.08

BATM Advanced Communications 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 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 Premium Member Only 0.08 0.09 0.09 0.09 0.08

Competitive Comparison of BATM Advanced Communications's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, BATM Advanced Communications'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.

BATM Advanced Communications's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BATM Advanced Communications's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BATM Advanced Communications's Debt-to-Equity falls into.


BATM Advanced Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BATM Advanced Communications'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
=(5.106 + 3.978) / 120.344
=0.08

BATM Advanced Communications'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
=(5.106 + 3.978) / 120.344
=0.08

* 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.

BATM Advanced Communications  (OTCPK:BVCLF) 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.

BATM Advanced Communications Debt-to-Equity Related Terms

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BATM Advanced Communications (BATM Advanced Communications) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BATM Advanced Communications Ltd (OTCPK:BVCLF) » Definitions » Debt-to-Equity
Comparable Companies
LSE:SPEC LSE:CNSL LSE:TSTL LSE:AMS ISRG XPAR:EL BDX TSE:7741 XSWX:ALC RMD OCSE:COLO B WST TSE:4543 XSWX:STMN XPAR:DIM BAX HOLX COO TSE:7733 TSE:6869
Traded in Other Exchanges
BVC:Israel BVCl:UK BVC.GB:UK BVC:UK BAV:Germany
Address
4 Ha’harash Street, P.O.B. 7318, Nave Ne'eman Industrial Area, Hod Hasharon, ISR, 4524075
Website
https://www.batm.com
BATM Advanced Communications Ltd is an Israel-based technology company. The company organizes its business operations into two divisions: Networking & Cyber Division and Biomedical Division. Networking and Cyber Division mostly includes the research and development, production, and marketing of data communication products in the field of local and wide area networks and premises management systems. Bio-Medical Division is engaged in the research and development, production, marketing, and distribution of medical products, primarily laboratory diagnostic equipment and sterilization equipment. The majority of its revenue is derived from Biomedical Division. Its geographical segments are the United States of America, Israel, and Europe.