Hygeia Healthcare Holdings Co (HKSE:06078) Debt-to-Equity : 0.42 (As of Dec. 2024)

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What is Hygeia Healthcare Holdings Co Debt-to-Equity?

Hygeia Healthcare Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$571 Mil. Hygeia Healthcare Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$2,409 Mil. Hygeia Healthcare Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$7,103 Mil. Hygeia Healthcare Holdings Co's debt to equity for the quarter that ended in Dec. 2024 was 0.42.

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

HKSE:06078' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.29 Med: 0.13 Max: 0.44
Current: 0.42

During the past 8 years, the highest Debt-to-Equity Ratio of Hygeia Healthcare Holdings Co was 0.44. The lowest was -0.29. And the median was 0.13.

HKSE:06078's Debt-to-Equity is ranked better than
51.07% of 562 companies
in the Healthcare Providers & Services industry
Industry Median: 0.44 vs HKSE:06078: 0.42

Hygeia Healthcare Holdings Co Debt-to-Equity Historical Data

The historical data trend for Hygeia Healthcare Holdings 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.

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Hygeia Healthcare Holdings Co Debt-to-Equity Chart

Hygeia Healthcare Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.28

0.26

0.44

0.42

Hygeia Healthcare Holdings Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial									0.26	0.30	0.44	0.41	0.42

Competitive Comparison of Hygeia Healthcare Holdings Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Hygeia Healthcare Holdings 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.

Hygeia Healthcare Holdings Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

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Hygeia Healthcare Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hygeia Healthcare Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(571.466	+	2408.88)	/	7102.842
	=	0.42

Hygeia Healthcare Holdings Co's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(571.466	+	2408.88)	/	7102.842
	=	0.42

Hygeia Healthcare Holdings Co (HKSE:06078) 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.

Hygeia Healthcare Holdings Co Debt-to-Equity Related Terms

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

Hygeia Healthcare Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hygeia Healthcare Holdings Co Ltd (HKSE:06078) » Definitions » Debt-to-Equity

Traded in Other Exchanges

50I:Germany

Address

No. 228 Meiyuan Road, Enterprise Square, Suites 702-707, Jing’an District, Shanghai, CHN

Website

https://www.hygeia-group.com.cn

Hygeia Healthcare Holdings Co Ltd is an oncology healthcare group in China. The company operates in two segments, namely Hospital Business, and Other Business. The company generates revenues by operating private for-profit hospitals it owns and provides a wide range of oncology healthcare services and other healthcare services; licensing of its proprietary SRT equipment, and provision of maintenance and technical support services with its proprietary SRT equipment; and managing and operating, and receiving management fees from, private not-for-profit hospitals in which it holds organizer's interest. All of its revenues come from China.

Executives

Zhu Jianqiao	2401 A concert party to an agreement to buy shares
Ren Ai	2501 Other
Tmf (cayman) Ltd.	2501 Other
Zhu Yiwen	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Ren Ai	2202 Interest of your spouse
Yi Fang Da Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Red Palm Investment Holdings Limited	2501 Other
Red Palm Holdings Limited	2501 Other
Century River Investment Holdings Limited	2501 Other
Century River Holdings Limited	2501 Other
Amber Tree Holdings Limited	2501 Other
Morgan Stanley & Co. International Plc	2101 Beneficial owner

Hygeia Healthcare Holdings Co Headlines

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