HLTHQ (Cue Health) Debt-to-Equity: 0.19 (As of Dec. 2023)

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What is Cue Health Debt-to-Equity?

Cue Health HLTHQ -90.00% Debt-to-Equity is 0.19 as of Dec. 2023.

Cue Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.30 Mil. Cue Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41.64 Mil. Cue Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $250.25 Mil. Cue Health's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 Cue Health's Debt-to-Equity or its related term are showing as below:

HLTHQ's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Cue Health  (OTCPK:HLTHQ) 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.

Cue Health Debt-to-Equity Related Terms

Cue Health Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Cue Health'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.

Cue Health Debt-to-Equity Chart

Cue Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.13 -0.20 0.08 0.10 0.19

Cue Health Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.12 0.13 0.19 0.22

HLTHQ vs UPHL, GEHC, VEEV: Debt-to-Equity Comparison

For the Health Information Services subindustry, Cue Health'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.

Cue Health Debt-to-Equity vs Healthcare Providers & Services Industry

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

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


Cue Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cue Health'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
=(6.299 + 41.64) / 250.252
=0.19

Cue Health'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
=(6.299 + 41.64) / 250.252
=0.19

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.19 mean?
Cue Health (HLTHQ) has a Debt-to-Equity of 0.19 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cue Health and its competitors.
Is Cue Health's Debt-to-Equity too high?
Cue Health's current Debt-to-Equity is 0.19. The Healthcare Providers & Services industry median Debt-to-Equity is 0.43. Cue Health's value of 0.19 is 55.8% below this industry median.
How does Cue Health's Debt-to-Equity compare to UPHL and GEHC?
Cue Health's Debt-to-Equity of 0.19 can be compared against companies in the Healthcare Providers & Services industry. The industry median Debt-to-Equity is 0.43. Cue Health's value of 0.19 is 55.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.43, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cue Health's current Debt-to-Equity of 0.19 is 55.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cue Health and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cue Health's current Debt-to-Equity is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cue Health stock overvalued right now?
Cue Health (HLTHQ) has a current Debt-to-Equity of 0.19. The current Debt-to-Equity is 0.19 and 55.8% below the Healthcare Providers & Services industry median of 0.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cue Health (HLTHQ), the current Debt-to-Equity is 0.19 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cue Health Business Description

Address 4980 Carroll Canyon Road, Suite 100, San Diego, CA, USA, 92121
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage their health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies, and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point of care, all in a device that fits in the palm of hand. Its Cue Integrated Care Platform consists of multiple hardware, software, and diagnostic components and has been engineered so that it can be directly integrated into existing workflows and on-demand services, such as telemedicine, e-Rx services, and EMR systems.