EC Healthcare (HKSE:02138) Debt-to-Equity : 0.81 (As of Sep. 2023)

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What is EC Healthcare Debt-to-Equity?

EC Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$401 Mil. EC Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,128 Mil. EC Healthcare's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,880 Mil. EC Healthcare's debt to equity for the quarter that ended in Sep. 2023 was 0.81.

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

HKSE:02138' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.61 Max: 0.83
Current: 0.81

During the past 9 years, the highest Debt-to-Equity Ratio of EC Healthcare was 0.83. The lowest was 0.00. And the median was 0.61.

HKSE:02138's Debt-to-Equity is ranked worse than
66.61% of 551 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs HKSE:02138: 0.81

EC Healthcare Debt-to-Equity Historical Data

The historical data trend for EC Healthcare'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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EC Healthcare Debt-to-Equity Chart

EC Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.52

0.72

0.81

0.50

0.83

EC Healthcare Semi-Annual Data
	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	0.50	0.66	0.83	0.81

Competitive Comparison of EC Healthcare's Debt-to-Equity

For the Medical Care Facilities subindustry, EC Healthcare'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.

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

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

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

EC Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EC Healthcare'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
	=	(400.387	+	1131.881)	/	1854.484
	=	0.83

EC Healthcare'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
	=	(400.772	+	1127.913)	/	1879.924
	=	0.81

EC Healthcare (HKSE:02138) 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.

EC Healthcare Debt-to-Equity Related Terms

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

EC Healthcare (HKSE:02138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EC Healthcare (HKSE:02138) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1UM0:Germany

Address

8 Argyle Street, L50, Langham Place Office Tower, Mong Kok, Hong Kong, HKG

Website

https://www.echealthcare.com

EC Healthcare is a Hong Kong-based non-hospital medical service provider. The principal activities of the group include the provision of medical services; aesthetic medical services, comprising medical aesthetics and dental services; beauty and wellness services, comprising traditional beauty, haircare, and ancillary wellness services; and the sale of skincare, healthcare and beauty products. The group caters to its services through the operating segments of Medical which is the key revenue generator segment and Aesthetic medical, beauty and wellness, and Veterinary and others. Geographically, the group has a business presence in Hong Kong, Macau, and the PRC.

Executives

The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
Tang Chi Fai	2202 Interest of your spouse
Yau Ming Li	2101 Beneficial owner
Union Medical Care Holding Limited	2101 Beneficial owner

EC Healthcare (HKSE:02138) Headlines

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