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Meta Health (SGX:5DX) Debt-to-Equity : -7.97 (As of Dec. 2023)


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What is Meta Health Debt-to-Equity?

Meta Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2.44 Mil. Meta Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.52 Mil. Meta Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$-0.50 Mil. Meta Health's debt to equity for the quarter that ended in Dec. 2023 was -7.97.

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 Meta Health's Debt-to-Equity or its related term are showing as below:

SGX:5DX' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.97   Med: 0.54   Max: 1.64
Current: -7.97

During the past 13 years, the highest Debt-to-Equity Ratio of Meta Health was 1.64. The lowest was -7.97. And the median was 0.54.

SGX:5DX's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs SGX:5DX: -7.97

Meta Health Debt-to-Equity Historical Data

The historical data trend for Meta Health'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.

Meta Health Debt-to-Equity Chart

Meta Health 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 0.67 0.57 0.60 1.64 -7.97

Meta Health Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.60 0.39 1.64 3.33 -7.97

Competitive Comparison of Meta Health's Debt-to-Equity

For the Metal Fabrication subindustry, Meta Health'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.


Meta Health's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meta Health's Debt-to-Equity distribution charts can be found below:

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



Meta Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Meta Health's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Meta Health  (SGX:5DX) 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.


Meta Health Debt-to-Equity Related Terms

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


Meta Health (SGX:5DX) Business Description

Traded in Other Exchanges
N/A
Address
1 Lorong 2 Toa Payoh, Number 02-02, Braddell House, Singapore, SGP, 319637
Meta Health Ltd is a Singapore-based company. Its activities of the company consist of investment holding and metal stamping and manufacturing of tools and fixtures. It has two operating segments Metal and Healthcare. The geographic segments of the company are Singapore, Thailand, Malaysia, and China. of which the China segment generates the majority of its revenue.

Meta Health (SGX:5DX) Headlines

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