Lana Medical Co (SAU:9587) Debt-to-Equity : 0.03 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Lana Medical Co Debt-to-Equity?

Lana Medical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.86 Mil. Lana Medical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.00 Mil. Lana Medical Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼68.06 Mil. Lana Medical Co's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

SAU:9587' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.09
Current: 0.03

During the past 7 years, the highest Debt-to-Equity Ratio of Lana Medical Co was 0.09. The lowest was 0.02. And the median was 0.03.

SAU:9587's Debt-to-Equity is ranked better than
93.62% of 94 companies
in the Medical Distribution industry
Industry Median: 0.405 vs SAU:9587: 0.03

Lana Medical Co Debt-to-Equity Historical Data

The historical data trend for Lana Medical Co'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.

Lana Medical Co Debt-to-Equity Chart

Lana Medical Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.04

0.03

Lana Medical Co Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.02	0.02	0.04	0.03	0.03

Competitive Comparison of Lana Medical Co's Debt-to-Equity

For the Medical Distribution subindustry, Lana Medical Co'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.

Lana Medical Co's Debt-to-Equity Distribution in the Medical Distribution Industry

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

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

Save Embed

;

Save Embed

;

Lana Medical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lana Medical Co'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
	=	(1.863	+	0)	/	68.055
	=	0.03

Lana Medical Co'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
	=	(1.863	+	0)	/	68.055
	=	0.03

Lana Medical Co (SAU:9587) 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.

Lana Medical Co Debt-to-Equity Related Terms

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

Lana Medical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Lana Medical Co (SAU:9587) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

As Sulay district, Riyadh, SAU

Website

http://lanamedical.com/en

Lana Medical Co is a company whose business activity consists of trading in medical and cosmetic devices medical supplies and treating medical waste. Their Medical Devices are customized for the GCC Region, Licensed, and approved as per the High standards set by the various Government Entities. Lana Medical Company serves all cities in the Kingdom of Saudi Arabia with Medical Devices, Medical Consumables & Supplies, Medical Waste Management Services.

Lana Medical Co Headlines

No Headlines