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Medical Imaging (ROCO:6637) Debt-to-Equity : 0.22 (As of Mar. 2024)


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What is Medical Imaging Debt-to-Equity?

Medical Imaging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$64.3 Mil. Medical Imaging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$67.5 Mil. Medical Imaging's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$609.9 Mil. Medical Imaging's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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

ROCO:6637' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.41   Max: 1.13
Current: 0.22

During the past 11 years, the highest Debt-to-Equity Ratio of Medical Imaging was 1.13. The lowest was 0.18. And the median was 0.41.

ROCO:6637's Debt-to-Equity is ranked better than
54.88% of 82 companies
in the Medical Distribution industry
Industry Median: 0.3 vs ROCO:6637: 0.22

Medical Imaging Debt-to-Equity Historical Data

The historical data trend for Medical Imaging'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.

Medical Imaging Debt-to-Equity Chart

Medical Imaging Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.59 0.57 0.30 0.26

Medical Imaging Quarterly Data
Mar17 Jun17 Dec17 Mar18 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A 0.24 0.20 0.26 0.22

Competitive Comparison of Medical Imaging's Debt-to-Equity

For the Medical Distribution subindustry, Medical Imaging'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.


Medical Imaging's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medical Imaging's Debt-to-Equity distribution charts can be found below:

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



Medical Imaging Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Medical Imaging's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Medical Imaging's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Medical Imaging  (ROCO:6637) 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.


Medical Imaging Debt-to-Equity Related Terms

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


Medical Imaging (ROCO:6637) Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, Xinyi District, 2nd Floor, 19th Floor, No. 510, Section 5, Taipei City, TWN
Medical Imaging Corp is a Taiwan based medical equipment company. It is engaged in medical equipment distribution, hospital equipment rental, and equipment maintenance.

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