Modern Healthcare Technology Holdings (FRA:M3L) Debt-to-Equity : 0.69 (As of Sep. 2023)

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What is Modern Healthcare Technology Holdings Debt-to-Equity?

Modern Healthcare Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €6.40 Mil. Modern Healthcare Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €7.49 Mil. Modern Healthcare Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €20.28 Mil. Modern Healthcare Technology Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.68.

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 Modern Healthcare Technology Holdings's Debt-to-Equity or its related term are showing as below:

FRA:M3L' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.38 Max: 1.26
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Modern Healthcare Technology Holdings was 1.26. The lowest was 0.00. And the median was 0.38.

FRA:M3L's Debt-to-Equity is ranked better than
54.02% of 87 companies
in the Personal Services industry
Industry Median: 0.76 vs FRA:M3L: 0.69

Modern Healthcare Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Modern Healthcare Technology Holdings'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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Modern Healthcare Technology Holdings Debt-to-Equity Chart

Modern Healthcare Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.55

0.40

0.30

0.20

Modern Healthcare Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.30	0.23	0.20	0.69

Competitive Comparison of Modern Healthcare Technology Holdings's Debt-to-Equity

For the Personal Services subindustry, Modern Healthcare Technology Holdings'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.

Modern Healthcare Technology Holdings's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Modern Healthcare Technology Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Modern Healthcare Technology Holdings's Debt-to-Equity falls into.

Modern Healthcare Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Modern Healthcare Technology Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3.067	+	1.706)	/	23.773
	=	0.20

Modern Healthcare Technology Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.399	+	7.486)	/	20.283
	=	0.68

Modern Healthcare Technology Holdings (FRA:M3L) 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.

Modern Healthcare Technology Holdings Debt-to-Equity Related Terms

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Modern Healthcare Technology Holdings (FRA:M3L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Modern Healthcare Technology Holdings Ltd (FRA:M3L) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

00919:Hong Kong

Address

9 Kai Cheung Road, Workshops Nos. 66-68, 6th Floor, Sino Industrial Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.modernhealthcaretech.com

Modern Healthcare Technology Holdings Ltd is an investment holding company. The company's operating segment includes Beauty and wellness services and Skincare and wellness products. The company generates maximum revenue from Beauty and wellness services segment. The Beauty and Wellness Services segment of the company is engaged in the provision of beauty and wellness services which provides a wide range of health and beauty services, covering skin care, slimming, massage, spa, hair care, manicure, hair removal, makeup, joint care, and privacy care. Geographically, the company derives the maximum of its revenue from Hong Kong and has a presence in Singapore; China, and Australia.

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