AK Medical Holdings (HKSE:01789) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is AK Medical Holdings Debt-to-Equity?

AK Medical Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$39 Mil. AK Medical Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$53 Mil. AK Medical Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,616 Mil. AK Medical Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 AK Medical Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01789' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.04
Current: 0.04

During the past 10 years, the highest Debt-to-Equity Ratio of AK Medical Holdings was 0.04. The lowest was 0.00. And the median was 0.02.

HKSE:01789's Debt-to-Equity is ranked better than
83.4% of 705 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs HKSE:01789: 0.04

AK Medical Holdings Debt-to-Equity Historical Data

The historical data trend for AK Medical 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.

* Premium members only.

AK Medical Holdings Debt-to-Equity Chart

AK Medical Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.02

0.04

AK Medical Holdings Semi-Annual Data
	Dec14	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													0.02	0.02	0.02	0.03	0.04

Competitive Comparison of AK Medical Holdings's Debt-to-Equity

For the Medical Devices subindustry, AK Medical 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.

AK Medical Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

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

AK Medical Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AK Medical Holdings'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
	=	(38.975	+	53.125)	/	2616.213
	=	0.04

AK Medical Holdings'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
	=	(38.975	+	53.125)	/	2616.213
	=	0.04

AK Medical Holdings (HKSE:01789) 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.

AK Medical Holdings Debt-to-Equity Related Terms

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

AK Medical Holdings (HKSE:01789) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AK Medical Holdings Ltd (HKSE:01789) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Baifuquan Road, 2nd Floor, Xingye Mansion, Changping District Science and Technology Park, Beijing, CHN, 102200

Website

https://www.ak-medical.net/index.html

AK Medical Holdings Ltd is an investment holding company which designs, develops, produces, and markets orthopedic joint implants and related products. The company's geographical segments include China and the United Kingdom. It derives the majority of revenue from China. The company offers off-the-shelf products, such as knee replacement and hip replacement implants; and 3D-printed products, including 3D-printed hip replacement implants, spinal interbody cages, and artificial vertebral bodies.

Executives

Li Zhijiang
Trident Trust Company (hk) Limited
Ximalaya Limited
The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
Hhlr Advisors, Ltd.	2102 Investment manager
Suntop Limited	2101 Beneficial owner
Zhang Chaoyang	2307 Founder of a discretionary trust who can infl
Bamboo Group Management Limited	2201 Interest of corporation controlled by you
Zhang Bin	2202 Interest of your spouse
Rainbow Holdings Limited	2201 Interest of corporation controlled by you
Hillhouse Capital Advisors, Ltd.	2102 Investment manager
Gaoling Fund, L.p.	2101 Beneficial owner
Orbimed Advisors Ii Limited
Orbimed Asia Gp Ii, L.p.
Orbimed Asia Partners Ii, L.p.

AK Medical Holdings (HKSE:01789) Headlines

No Headlines