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Nanjing Medlander Medical Technology Co (SHSE:688273) Debt-to-Equity : 0.01 (As of Sep. 2024)


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What is Nanjing Medlander Medical Technology Co Debt-to-Equity?

Nanjing Medlander Medical Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥13.7 Mil. Nanjing Medlander Medical Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2.0 Mil. Nanjing Medlander Medical Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,309.6 Mil. Nanjing Medlander Medical Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.01.

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

SHSE:688273' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.17
Current: 0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Nanjing Medlander Medical Technology Co was 0.17. The lowest was 0.00. And the median was 0.01.

SHSE:688273's Debt-to-Equity is ranked better than
99.86% of 704 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs SHSE:688273: 0.01

Nanjing Medlander Medical Technology Co Debt-to-Equity Historical Data

The historical data trend for Nanjing Medlander Medical Technology 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.

Nanjing Medlander Medical Technology Co Debt-to-Equity Chart

Nanjing Medlander Medical Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.11 0.04 0.02 0.01 0.01

Nanjing Medlander Medical Technology Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Nanjing Medlander Medical Technology Co's Debt-to-Equity

For the Medical Devices subindustry, Nanjing Medlander Medical Technology 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.


Nanjing Medlander Medical Technology Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nanjing Medlander Medical Technology Co's Debt-to-Equity distribution charts can be found below:

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



Nanjing Medlander Medical Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Nanjing Medlander Medical Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Nanjing Medlander Medical Technology Co  (SHSE:688273) 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.


Nanjing Medlander Medical Technology Co Debt-to-Equity Related Terms

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Nanjing Medlander Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Gande Road, 2nd Floor, Building 5, Jiangning High-tech Park, Jiangning District, Jiangsu Province, Nanjing City, CHN, 211100
Nanjing Medlander Medical Technology Co Ltd is engaged in the research and development, production, sales and service of related products in the field of pelvic floor and postpartum rehabilitation.
Executives
Zhu Bi Sheng senior management
Chen Jiang Ning senior management
Yang Rui Jia Directors, senior managers, core technical personn
Shi Zhi Huai Directors, senior managers, core technical personn
Chen Bin Directors, senior managers
Tu Hong Lin Directors, senior managers
Wang Wang senior management

Nanjing Medlander Medical Technology Co Headlines

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