OneMedNet (OneMedNet) Debt-to-Equity : -0.40 (As of Dec. 2023)

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What is OneMedNet Debt-to-Equity?

OneMedNet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.64 Mil. OneMedNet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.47 Mil. OneMedNet's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-12.86 Mil. OneMedNet's debt to equity for the quarter that ended in Dec. 2023 was -0.40.

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

ONMDW' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.91 Med: -0.63 Max: 1.38
Current: -0.4

During the past 4 years, the highest Debt-to-Equity Ratio of OneMedNet was 1.38. The lowest was -0.91. And the median was -0.63.

ONMDW's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.49 vs ONMDW: -0.40

OneMedNet Debt-to-Equity Historical Data

The historical data trend for OneMedNet'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.

OneMedNet Debt-to-Equity Chart

OneMedNet Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.91

-0.86

1.38

-0.40

OneMedNet Semi-Annual Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	1.38	-0.95	-0.99	-0.40

Competitive Comparison of OneMedNet's Debt-to-Equity

For the Health Information Services subindustry, OneMedNet'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.

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

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

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

OneMedNet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OneMedNet'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
	=	(4.636	+	0.465)	/	-12.86
	=	-0.40

OneMedNet'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
	=	(4.636	+	0.465)	/	-12.86
	=	-0.40

OneMedNet (NAS:ONMDW) 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.

OneMedNet Debt-to-Equity Related Terms

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