ISEC Healthcare (SGX:40T) Debt-to-Equity : 0.15 (As of Mar. 2024)

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What is ISEC Healthcare Debt-to-Equity?

ISEC Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$2.47 Mil. ISEC Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$9.70 Mil. ISEC Healthcare's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S$83.57 Mil. ISEC Healthcare's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

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

SGX:40T' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.18
Current: 0.15

During the past 11 years, the highest Debt-to-Equity Ratio of ISEC Healthcare was 0.18. The lowest was 0.03. And the median was 0.13.

SGX:40T's Debt-to-Equity is ranked better than
72.34% of 546 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs SGX:40T: 0.15

ISEC Healthcare Debt-to-Equity Historical Data

The historical data trend for ISEC 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.

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ISEC Healthcare Debt-to-Equity Chart

ISEC Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.13

0.14

0.17

0.16

ISEC Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.15	0.15	0.16	0.15

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

For the Medical Care Facilities subindustry, ISEC 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.

ISEC Healthcare's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

ISEC Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ISEC 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
	=	(2.457	+	10.103)	/	80.709
	=	0.16

ISEC Healthcare's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2.469	+	9.701)	/	83.565
	=	0.15

ISEC Healthcare (SGX:40T) 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.

ISEC Healthcare Debt-to-Equity Related Terms

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ISEC Healthcare (SGX:40T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ISEC Healthcare Ltd (SGX:40T) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Goldhill Plaza, No. 10-07/08, Singapore, SGP, 308900

Website

https://www.isechealthcare.com

ISEC Healthcare Ltd is a Singapore based company engaged in providing medical eye care services through its subsidiaries. It also provides ambulatory surgical centers. In addition, the group is also focused on offering general medical services and aesthetic treatment services. The company has two reportable segments, namely Specialized health services, which include the provision of medical care, consultancy, treatment and surgery in the field of ophthalmology; and General health services which includes the provision of general medical and procedural treatment services It generates maximum revenue from the specialized health services segment. The firm operates in Singapore and Malaysia, of which key revenue is derived from Malaysia.

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