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Healthcare Co (SHSE:603313) Debt-to-Equity : 1.02 (As of Mar. 2024)


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What is Healthcare Co Debt-to-Equity?

Healthcare Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,377 Mil. Healthcare Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,566 Mil. Healthcare Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,866 Mil. Healthcare Co's debt to equity for the quarter that ended in Mar. 2024 was 1.02.

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

SHSE:603313' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.71   Max: 1.5
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Healthcare Co was 1.50. The lowest was 0.06. And the median was 0.71.

SHSE:603313's Debt-to-Equity is ranked worse than
85% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32 vs SHSE:603313: 1.02

Healthcare Co Debt-to-Equity Historical Data

The historical data trend for Healthcare 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.

Healthcare Co Debt-to-Equity Chart

Healthcare Co 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 0.64 0.84 1.40 1.36 1.04

Healthcare Co 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 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 1.27 1.24 1.24 1.04 1.02

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

For the Furnishings, Fixtures & Appliances subindustry, Healthcare 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.


Healthcare Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Healthcare Co's Debt-to-Equity distribution charts can be found below:

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



Healthcare Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Healthcare Co'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.


Healthcare Co  (SHSE:603313) 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.


Healthcare Co Debt-to-Equity Related Terms

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


Healthcare Co (SHSE:603313) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, South Road, Dingshu Town, Jiangsu Province, RuGao, CHN, 226521
Healthcare Co Ltd operates in the home furnishing industry. The company is mainly engaged in the design, manufacture and distribution of mattresses. Its other product offering includes a thin pad, pillow, sofa and other similar household products. The company's products are sold under the MLILY brand.
Executives
Ni Zhang Gen Director
Cui Hui Ming senior management
Wang Zhen senior management
Fu Dong Qing senior management
Zhang Hong Jian Directors, senior managers
Wu Xiao Hong Directors, senior managers
Ji Jian Long Director
Liu Tao senior management

Healthcare Co (SHSE:603313) Headlines

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