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Heren Health Co (SZSE:300550) Debt-to-Equity : 0.12 (As of Mar. 2024)


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What is Heren Health Co Debt-to-Equity?

Heren Health Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥128.0 Mil. Heren Health Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.4 Mil. Heren Health Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,078.8 Mil. Heren Health Co's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

SZSE:300550' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.12   Max: 0.3
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Heren Health Co was 0.30. The lowest was 0.04. And the median was 0.12.

SZSE:300550's Debt-to-Equity is ranked better than
75.91% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs SZSE:300550: 0.12

Heren Health Co Debt-to-Equity Historical Data

The historical data trend for Heren Health 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.

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Heren Health Co Debt-to-Equity Chart

Heren Health 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 0.15 0.12 0.06 0.12 0.12

Heren Health 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 0.15 0.10 0.11 0.12 0.12

Competitive Comparison of Heren Health Co's Debt-to-Equity

For the Health Information Services subindustry, Heren Health 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.


Heren Health Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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



Heren Health Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Heren Health 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.


Heren Health Co  (SZSE:300550) 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.


Heren Health Co Debt-to-Equity Related Terms

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Heren Health Co (SZSE:300550) Business Description

Traded in Other Exchanges
N/A
Address
No. 625, Xinlian Road, Xixing Street, Binjiang District, Hangzhou, CHN, 310051
Heren Health Co Ltd is an overall solution service provider focusing on research and development, sales, implementation integration and service support of medical information systems and digital scenario application systems. Its products include electronic medical records, medical information integration platform, clinical data centers, clinical pathway system, integrated health care workstations and operation control system of medical institutions.

Heren Health Co (SZSE:300550) Headlines

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