Optima Medical Innovations (Optima Medical Innovations) Debt-to-Equity : 0.41 (As of Sep. 2021)

Optima Medical Innovations Debt-to-Equity Chart

Optima Medical Innovations Annual Data
	Trend	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Dec19	Dec20
Debt-to-Equity		Get a 7-Day Free Trial					-	-	-1.86	0.36	0.41

Optima Medical Innovations Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.41	0.46	0.37	0.41

Competitive Comparison of Optima Medical Innovations's Debt-to-Equity

For the Medical Care Facilities subindustry, Optima Medical Innovations'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.

Optima Medical Innovations's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optima Medical Innovations's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Optima Medical Innovations's Debt-to-Equity falls into.

Optima Medical Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optima Medical Innovations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Optima Medical Innovations's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.

Optima Medical Innovations  (OTCPK:TOKIF) 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.

Optima Medical Innovations Debt-to-Equity Related Terms

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Optima Medical Innovations (Optima Medical Innovations) Business Description