Induction Healthcare Group (LSE:INHC) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Induction Healthcare Group Debt-to-Equity?

Induction Healthcare Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Induction Healthcare Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Induction Healthcare Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £22.65 Mil. Induction Healthcare Group's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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

LSE:INHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Induction Healthcare Group was 0.01. The lowest was 0.01. And the median was 0.01.

LSE:INHC's Debt-to-Equity is ranked better than
99.82% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs LSE:INHC: 0.01

Induction Healthcare Group Debt-to-Equity Historical Data

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

Induction Healthcare Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

-0.95

0.01

Induction Healthcare Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	0.01	-

Competitive Comparison of Induction Healthcare Group's Debt-to-Equity

For the Health Information Services subindustry, Induction Healthcare Group'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.

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

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

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

Induction Healthcare Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Induction Healthcare Group'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
	=	(0.072	+	0.056)	/	24.296
	=	0.01

Induction Healthcare Group'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	+	0)	/	22.653
	=	0.00

Induction Healthcare Group (LSE:INHC) 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.

Induction Healthcare Group Debt-to-Equity Related Terms

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Induction Healthcare Group (LSE:INHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Induction Healthcare Group PLC (LSE:INHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Pinsent Masons, 30 Crown Place, Earl Street, London, GBR, EC2A 4ES

Website

https://www.inductionhealthcare.com

Induction Healthcare Group PLC is a healthcare technology company focused on streamlining the delivery of care by Healthcare Professionals. The company's mobile application module Induction Switch is an app that provides a directory allowing Healthcare Professionals to find extension numbers, messaging, and administration portals to share and view hospital guidelines. The company's products power remote consultations, capture patient-reported data and empower patients to self-manage their care pathway. Geographically, it operates in the United Kingdom, Europe, the United States and the Rest of the world, out of which the majority of revenue is derived from the United Kingdom.

Induction Healthcare Group (LSE:INHC) Headlines

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