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World Health Energy Holdings (World Health Energy Holdings) Debt-to-Equity : 0.82 (As of Dec. 2023)


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What is World Health Energy Holdings Debt-to-Equity?

World Health Energy Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.06 Mil. World Health Energy Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.06 Mil. World Health Energy Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.60 Mil. World Health Energy Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

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 World Health Energy Holdings's Debt-to-Equity or its related term are showing as below:

WHEN' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.76   Med: -0.04   Max: 0.88
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of World Health Energy Holdings was 0.88. The lowest was -1.76. And the median was -0.04.

WHEN's Debt-to-Equity is ranked worse than
81.42% of 2223 companies
in the Software industry
Industry Median: 0.21 vs WHEN: 0.82

World Health Energy Holdings Debt-to-Equity Historical Data

The historical data trend for World Health Energy Holdings'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.

World Health Energy Holdings Debt-to-Equity Chart

World Health Energy Holdings 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 -1.76 -0.91 -1.47 0.88 0.82

World Health Energy Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.88 0.78 0.73 0.77 0.82

Competitive Comparison of World Health Energy Holdings's Debt-to-Equity

For the Software - Infrastructure subindustry, World Health Energy Holdings'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.

World Health Energy Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, World Health Energy Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where World Health Energy Holdings's Debt-to-Equity falls into.


World Health Energy Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.056 + 2.062) / 2.597
=0.82

World Health Energy Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.056 + 2.062) / 2.597
=0.82

* 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.

World Health Energy Holdings  (OTCPK:WHEN) 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.

World Health Energy Holdings Debt-to-Equity Related Terms

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

World Health Energy Holdings (World Health Energy Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » World Health Energy Holdings Inc (OTCPK:WHEN) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
1825 NW Corporate Boulevard, Suite 110, Boca Raton, FL, USA, 33431
Website
https://www.whengroup.com
World Health Energy Holdings Inc is engaged in data security and analytics and provides intelligent security software and services to enterprises and individuals worldwide The company leverages artificial intelligence and machine learning to deliver innovative solutions in the areas of cybersecurity, safety focusing on the areas of endpoint security, endpoint management and encryption. Its software specializes in data protection, threat detection and response. Its Product offerings enable enterprises to protect data stored on-premises and in the cloud, confidential data belonging to customers, financial records, strategic and product plans and other intellectual property and, on a parental or guardian level, to monitor minor children's cyber activities.