Diagnostic Medical Systems (LTS:0RIA) Debt-to-Equity : 1.67 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Diagnostic Medical Systems Debt-to-Equity?

Diagnostic Medical Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €6.35 Mil. Diagnostic Medical Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €12.14 Mil. Diagnostic Medical Systems's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €11.07 Mil. Diagnostic Medical Systems's debt to equity for the quarter that ended in Jun. 2024 was 1.67.

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 Diagnostic Medical Systems's Debt-to-Equity or its related term are showing as below:

LTS:0RIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.43 Max: 1.67
Current: 1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Diagnostic Medical Systems was 1.67. The lowest was 0.22. And the median was 0.43.

LTS:0RIA's Debt-to-Equity is ranked worse than
93.17% of 688 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs LTS:0RIA: 1.67

Diagnostic Medical Systems Debt-to-Equity Historical Data

The historical data trend for Diagnostic Medical Systems'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.

Diagnostic Medical Systems Debt-to-Equity Chart

Diagnostic Medical Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.67

0.87

0.84

0.90

1.32

Diagnostic Medical Systems Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.89	0.90	1.12	1.32	1.67

Competitive Comparison of Diagnostic Medical Systems's Debt-to-Equity

For the Medical Devices subindustry, Diagnostic Medical Systems'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.

Diagnostic Medical Systems's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Diagnostic Medical Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Diagnostic Medical Systems's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Diagnostic Medical Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Diagnostic Medical Systems'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
	=	(3.087	+	13.198)	/	12.383
	=	1.32

Diagnostic Medical Systems's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(6.348	+	12.137)	/	11.065
	=	1.67

Diagnostic Medical Systems (LTS:0RIA) 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.

Diagnostic Medical Systems Debt-to-Equity Related Terms

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

Diagnostic Medical Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Diagnostic Medical Systems (LTS:0RIA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALDMS:France DMS1:Germany

Address

9 Avenue du Canal Philippe, Gallargues le Montueux, FRA, FR-30660

Website

https://www.dms.com

Diagnostic Medical Systems is France's company engaged in the development, design, and production of imaging systems for digital and conventional radiology and osteodensitometry. The group's activity is organized around two sectors: Radiology equipment and osteodensitometers sales: mobile radiology units, floating table tops, operating room mobile amplifiers, ultrasound osteodensitometers (designed to chart the bone micro-architecture) and X ray osteodensitometers (designed to measure bone density), etc. The group also proposes devices distribution and maintenance activities; and the Development of biotechnology solutions: in the fields of arthrosis treatment and regenerative medicine.

Diagnostic Medical Systems Headlines

No Headlines