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Tian An Medicare (STU:SMI) Debt-to-Equity : 0.46 (As of Jun. 2024)


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What is Tian An Medicare Debt-to-Equity?

Tian An Medicare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €33.5 Mil. Tian An Medicare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €66.5 Mil. Tian An Medicare's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €216.4 Mil. Tian An Medicare's debt to equity for the quarter that ended in Jun. 2024 was 0.46.

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 Tian An Medicare's Debt-to-Equity or its related term are showing as below:

STU:SMI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43   Med: 0.57   Max: 1.34
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Tian An Medicare was 1.34. The lowest was 0.43. And the median was 0.57.

STU:SMI's Debt-to-Equity is ranked better than
51.27% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.465 vs STU:SMI: 0.46

Tian An Medicare Debt-to-Equity Historical Data

The historical data trend for Tian An Medicare'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.

Tian An Medicare Debt-to-Equity Chart

Tian An Medicare Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.55 0.57 0.63 0.43

Tian An Medicare Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.59 0.63 0.43 0.43 0.46

Competitive Comparison of Tian An Medicare's Debt-to-Equity

For the Medical Care Facilities subindustry, Tian An Medicare'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.


Tian An Medicare's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Tian An Medicare's Debt-to-Equity falls into.



Tian An Medicare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tian An Medicare's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Tian An Medicare's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Tian An Medicare  (STU:SMI) 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.


Tian An Medicare Debt-to-Equity Related Terms

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


Tian An Medicare Business Description

Traded in Other Exchanges
Address
333 Lockhart Road, 47th Floor, United Asia Finance Centre, Wanchai, Hong Kong, HKG
Tian An Medicare Ltd is an investment holding company and operator of integrated healthcare and eldercare services. Its main focus is on the investment, management and operations of healthcare and eldercare businesses, and the related property investment and development, and comprehensive spectrum of healthcare and eldercare services to customers in the People's Republic of China ("PRC") and Asia Pacific. The Group is also involved in businesses of securities trading and investment, and provision of financial services.

Tian An Medicare Headlines