QTIH (QT Imaging Holdings) Debt-to-Equity : -1.04 (As of Dec. 2024)

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What is QT Imaging Holdings Debt-to-Equity?

QT Imaging Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $5.39 Mil. QT Imaging Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $4.52 Mil. QT Imaging Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-9.54 Mil. QT Imaging Holdings's debt to equity for the quarter that ended in Dec. 2024 was -1.04.

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 QT Imaging Holdings's Debt-to-Equity or its related term are showing as below:

QTIH' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.8 Med: -0.5 Max: 1.44
Current: -1.04

During the past 4 years, the highest Debt-to-Equity Ratio of QT Imaging Holdings was 1.44. The lowest was -1.80. And the median was -0.50.

QTIH's Debt-to-Equity is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.21 vs QTIH: -1.04

QT Imaging Holdings Debt-to-Equity Historical Data

The historical data trend for QT Imaging Holdings'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.

QT Imaging Holdings Debt-to-Equity Chart

QT Imaging Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

1.44

0.03

-1.80

-1.04

QT Imaging Holdings Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial					-1.80	-2.08	-1.78	-1.13	-1.04

Competitive Comparison of QT Imaging Holdings's Debt-to-Equity

For the Medical Devices subindustry, QT Imaging Holdings'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.

QT Imaging Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

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

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QT Imaging Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QT Imaging Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(5.392	+	4.515)	/	-9.538
	=	-1.04

QT Imaging Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(5.392	+	4.515)	/	-9.538
	=	-1.04

QT Imaging Holdings (OTCPK:QTIH) 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.

QT Imaging Holdings Debt-to-Equity Related Terms

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QT Imaging Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » QT Imaging Holdings Inc (OTCPK:QTIH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hamilton Landing, Suite 160, Novato, CA, USA, 94949

Website

https://www.qtimaging.com

QT Imaging Holdings Inc. is a medical device company engaged in the research, development, and commercialization of body imaging systems using low frequency sound waves. Its medical imaging is critical to the detection, diagnosis, and treatment of disease. The Company offers two products: QT Breast Scanner and QTviewer.