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Healthcare Leadersome ETF (TSX:HHL) Debt-to-Equity : 0.00 (As of Jun. 2016)


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What is Healthcare Leadersome ETF Debt-to-Equity?

Healthcare Leadersome ETF's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. Healthcare Leadersome ETF's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. Healthcare Leadersome ETF's Total Stockholders Equity for the quarter that ended in Jun. 2016 was C$114.99 Mil. Healthcare Leadersome ETF's debt to equity for the quarter that ended in Jun. 2016 was 0.00.

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 Leadersome ETF's Debt-to-Equity or its related term are showing as below:

TSX:HHL's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Healthcare Leadersome ETF Debt-to-Equity Historical Data

The historical data trend for Healthcare Leadersome ETF'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 Leadersome ETF Debt-to-Equity Chart

Healthcare Leadersome ETF Annual Data
Trend Dec14 Dec15
Debt-to-Equity
- -

Healthcare Leadersome ETF Semi-Annual Data
Dec14 Jun15 Dec15 Jun16
Debt-to-Equity - - - -

Competitive Comparison of Healthcare Leadersome ETF's Debt-to-Equity

For the Asset Management subindustry, Healthcare Leadersome ETF'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 Leadersome ETF's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Healthcare Leadersome ETF's Debt-to-Equity distribution charts can be found below:

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



Healthcare Leadersome ETF Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthcare Leadersome ETF's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Healthcare Leadersome ETF's Debt to Equity Ratio for the quarter that ended in Jun. 2016 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 Leadersome ETF  (TSX:HHL) 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 Leadersome ETF Debt-to-Equity Related Terms

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


Healthcare Leadersome ETF (TSX:HHL) Business Description

Traded in Other Exchanges
N/A
Address
Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

Healthcare Leadersome ETF (TSX:HHL) Headlines

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