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Ontrak (FRA:HY10) Debt-to-Equity : 0.12 (As of Dec. 2023)


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What is Ontrak Debt-to-Equity?

Ontrak's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.05 Mil. Ontrak's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.50 Mil. Ontrak's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €13.09 Mil. Ontrak's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

FRA:HY10' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.42   Med: 0   Max: 1.98
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Ontrak was 1.98. The lowest was -1.42. And the median was 0.00.

FRA:HY10's Debt-to-Equity is ranked better than
76.36% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs FRA:HY10: 0.12

Ontrak Debt-to-Equity Historical Data

The historical data trend for Ontrak'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.

Ontrak Debt-to-Equity Chart

Ontrak 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 -1.42 0.79 0.82 1.98 0.12

Ontrak Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.98 1.52 16.08 -3.09 0.12

Competitive Comparison of Ontrak's Debt-to-Equity

For the Health Information Services subindustry, Ontrak'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.


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

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

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



Ontrak Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ontrak's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ontrak's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Ontrak  (FRA:HY10) 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.


Ontrak Debt-to-Equity Related Terms

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


Ontrak (FRA:HY10) Business Description

Traded in Other Exchanges
Address
2200 Paseo Verde Parkway, Suite 280, Henderson, NV, USA, 89052
Ontrak Inc is an AI and telehealth-enabled, virtualized outpatient healthcare treatment company. The company's integrated, technology-enabled OntrakTM solutions, a component of the PRE platform, are designed to treat members with behavioral conditions that cause chronic medical conditions such as diabetes, hypertension, coronary artery disease, COPD, and congestive heart failure. The company's technology-enabled platform provides claim-based analytics and predictive modeling to provide analytic insights throughout the delivery of our personalized treatment program.

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