PRMD (Primemd) Debt-to-Equity: 0.31 (As of Dec. 2008)

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What is Primemd Debt-to-Equity?

Primemd PRMD -72.73% Debt-to-Equity is 0.31 as of Dec. 2008.

Primemd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.36 Mil. Primemd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.00 Mil. Primemd's Total Stockholders Equity for the quarter that ended in Dec. 2008 was $1.15 Mil. Primemd's debt to equity for the quarter that ended in Dec. 2008 was 0.31.

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

PRMD's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Primemd  (OTCPK:PRMD) 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.

Primemd Debt-to-Equity Related Terms

Primemd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Primemd'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.

Primemd Debt-to-Equity Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.31

Primemd Debt-to-Equity Competitor Comparison

For the Medical Care Facilities subindustry, Primemd'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.

Primemd Debt-to-Equity vs Healthcare Providers & Services Industry

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

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


Primemd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Primemd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2007 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) / 1.368
=0.00

Primemd's Debt to Equity Ratio for the quarter that ended in Dec. 2008 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
=(0.359 + 0) / 1.152
=0.31

* 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 0.31 mean?
Primemd (PRMD) has a Debt-to-Equity of 0.31 as of Dec. 2008. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Primemd and its competitors.
Is Primemd's Debt-to-Equity too high?
Primemd's current Debt-to-Equity is 0.31. The Healthcare Providers & Services industry median Debt-to-Equity is 0.40. Primemd's value of 0.31 is 22.5% below this industry median.
How does Primemd's Debt-to-Equity compare to competitors?
Primemd's Debt-to-Equity of 0.31 can be compared against companies in the Healthcare Providers & Services industry. The industry median Debt-to-Equity is 0.40. Primemd's value of 0.31 is 22.5% 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 0.40, based on 556 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. Primemd's current Debt-to-Equity of 0.31 is 22.5% 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 Primemd and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primemd's current Debt-to-Equity is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primemd stock overvalued right now?
Primemd (PRMD) has a current Debt-to-Equity of 0.31. The current Debt-to-Equity is 0.31 and 22.5% below the Healthcare Providers & Services industry median of 0.40. 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 Primemd (PRMD), the current Debt-to-Equity is 0.31 as of Dec. 2008. 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.

Primemd Business Description

Address 9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.