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Leveljump Healthcare (Leveljump Healthcare) Debt-to-Equity : 0.85 (As of Sep. 2023)


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What is Leveljump Healthcare Debt-to-Equity?

Leveljump Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.90 Mil. Leveljump Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.91 Mil. Leveljump Healthcare's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $4.49 Mil. Leveljump Healthcare's debt to equity for the quarter that ended in Sep. 2023 was 0.85.

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

JMPHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.74   Max: 1.43
Current: 0.85

During the past 4 years, the highest Debt-to-Equity Ratio of Leveljump Healthcare was 1.43. The lowest was 0.01. And the median was 0.74.

JMPHF's Debt-to-Equity is ranked worse than
83.42% of 193 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.23 vs JMPHF: 0.85

Leveljump Healthcare Debt-to-Equity Historical Data

The historical data trend for Leveljump 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.

* Premium members only.

Leveljump Healthcare Debt-to-Equity Chart

Leveljump Healthcare Annual Data
Trend Aug19 Aug20 Dec21 Dec22
Debt-to-Equity
- - 0.01 0.67

Leveljump Healthcare Quarterly Data
Nov19 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.74 0.67 0.85 0.85

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

For the Diagnostics & Research subindustry, Leveljump 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.

Leveljump Healthcare's Debt-to-Equity Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Leveljump Healthcare's Debt-to-Equity distribution charts can be found below:

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


Leveljump Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leveljump Healthcare's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(0.459 + 2.621) / 4.615
=0.67

Leveljump 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
=(0.9 + 2.913) / 4.494
=0.85

* 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.

Leveljump Healthcare  (OTCPK:JMPHF) 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.

Leveljump Healthcare Debt-to-Equity Related Terms

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

Leveljump Healthcare (Leveljump Healthcare) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Leveljump Healthcare Corp (OTCPK:JMPHF) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
JUMP:Canada
Address
85 Scarsdale Road, Suite 304, Toronto, ON, CAN, M3B 2R2
Website
https://www.leveljumphealthcare.com
Leveljump Healthcare Corp is engaged in the business of providing radiology solutions for hospitals, emergency rooms, and private clinics. The company offers telehealth services that are designed to provide a doctor-to-doctor collaboration and diagnosis allowing effective patient care.