Yonghe Medical Group Co (FRA:L97) Debt-to-Equity : 1.16 (As of Dec. 2023)

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What is Yonghe Medical Group Co Debt-to-Equity?

Yonghe Medical Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €41.5 Mil. Yonghe Medical Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €99.2 Mil. Yonghe Medical Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €121.1 Mil. Yonghe Medical Group Co's debt to equity for the quarter that ended in Dec. 2023 was 1.16.

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 Yonghe Medical Group Co's Debt-to-Equity or its related term are showing as below:

FRA:L97' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.56 Max: 2.31
Current: 1.16

During the past 6 years, the highest Debt-to-Equity Ratio of Yonghe Medical Group Co was 2.31. The lowest was 0.60. And the median was 1.56.

FRA:L97's Debt-to-Equity is ranked worse than
75.54% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs FRA:L97: 1.16

Yonghe Medical Group Co Debt-to-Equity Historical Data

The historical data trend for Yonghe Medical Group Co'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.

Yonghe Medical Group Co Debt-to-Equity Chart

Yonghe Medical Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.31

2.11

0.60

0.65

1.16

Yonghe Medical Group Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.60	0.56	0.65	0.85	1.16

Competitive Comparison of Yonghe Medical Group Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Yonghe Medical Group Co'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.

Yonghe Medical Group Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Yonghe Medical Group Co's Debt-to-Equity falls into.

Yonghe Medical Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yonghe Medical Group Co'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
	=	(41.464	+	99.235)	/	121.05
	=	1.16

Yonghe Medical Group Co'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
	=	(41.464	+	99.235)	/	121.05
	=	1.16

Yonghe Medical Group Co (FRA:L97) 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.

Yonghe Medical Group Co Debt-to-Equity Related Terms

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Yonghe Medical Group Co (FRA:L97) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yonghe Medical Group Co Ltd (FRA:L97) » Definitions » Debt-to-Equity

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02279:Hong Kong

Address

11th Floor, 20 Ganluyuan Nanli, China Nuclear E&C Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.yonghegroup.cn

Yonghe Medical Group Co Ltd is a medical group in China that specialized in providing hair-related healthcare services. It offers one-stop hair-related healthcare services covering hair transplants, medical hair care, routine hair restoration, and other ancillary services.

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