Quantum Healthcare (Quantum Healthcare) Debt-to-Equity : -1.68 (As of Dec. 2023)

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What is Quantum Healthcare Debt-to-Equity?

Quantum Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.13 Mil. Quantum Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.76 Mil. Quantum Healthcare's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2.90 Mil. Quantum Healthcare's debt to equity for the quarter that ended in Dec. 2023 was -1.68.

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

QTHLF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.6 Med: -0.39 Max: 1.39
Current: -1.68

During the past 12 years, the highest Debt-to-Equity Ratio of Quantum Healthcare was 1.39. The lowest was -3.60. And the median was -0.39.

QTHLF's Debt-to-Equity is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.215 vs QTHLF: -1.68

Quantum Healthcare Debt-to-Equity Historical Data

The historical data trend for Quantum 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.

Quantum Healthcare Debt-to-Equity Chart

Quantum Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.20

1.39

-0.39

-3.60

-1.68

Quantum Healthcare Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.39	1.12	-3.60	-2.55	-1.68

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

For the Medical Devices subindustry, Quantum 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.

Quantum Healthcare's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

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

Quantum Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quantum Healthcare'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
	=	(2.125	+	2.76)	/	-2.901
	=	-1.68

Quantum Healthcare'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
	=	(2.125	+	2.76)	/	-2.901
	=	-1.68

Quantum Healthcare (OTCPK:QTHLF) 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.

Quantum Healthcare Debt-to-Equity Related Terms

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Quantum Healthcare (Quantum Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Quantum Healthcare Ltd (OTCPK:QTHLF) » Definitions » Debt-to-Equity

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V8Y:Singapore

Address

8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.quantumhealthcare.com.sg

Quantum Healthcare Ltd formerly QT Vascular Ltd engages in the development and distribution of therapeutic solutions for the treatment of vascular diseases. It designs, assembles, and distributes therapeutic solutions for the minimally invasive treatment of complex vascular diseases. Healthcare Business also includes the provision of dental services, and operations management and consultancy services, Medical Equipment Business includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.

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