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Labo Euromedis (XPAR:ALEMG) Debt-to-Equity : 0.41 (As of Jun. 2023)


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What is Labo Euromedis Debt-to-Equity?

Labo Euromedis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.01 Mil. Labo Euromedis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €11.79 Mil. Labo Euromedis's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €29.01 Mil. Labo Euromedis's debt to equity for the quarter that ended in Jun. 2023 was 0.41.

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 Labo Euromedis's Debt-to-Equity or its related term are showing as below:

XPAR:ALEMG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33   Med: 0.41   Max: 1.25
Current: 0.44

During the past 14 years, the highest Debt-to-Equity Ratio of Labo Euromedis was 1.25. The lowest was 0.33. And the median was 0.41.

XPAR:ALEMG's Debt-to-Equity is ranked worse than
67.67% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs XPAR:ALEMG: 0.44

Labo Euromedis Debt-to-Equity Historical Data

The historical data trend for Labo Euromedis'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.

Labo Euromedis Debt-to-Equity Chart

Labo Euromedis Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 0.46 0.38 0.37 0.44

Labo Euromedis Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.38 0.40 0.37 0.41 0.44

Competitive Comparison of Labo Euromedis's Debt-to-Equity

For the Medical Devices subindustry, Labo Euromedis'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.


Labo Euromedis's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Labo Euromedis's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Labo Euromedis's Debt-to-Equity falls into.



Labo Euromedis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Labo Euromedis's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Labo Euromedis's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


Labo Euromedis  (XPAR:ALEMG) 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.


Labo Euromedis Debt-to-Equity Related Terms

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


Labo Euromedis (XPAR:ALEMG) Business Description

Traded in Other Exchanges
Address
ZI de la Tuilerie, Neuilly-sous-Clermont, FRA, 60290
Euromedis Groupe is engaged in medical devices. It is engaged in the design, manufacture, rental and export of medical and surgical equipment and products.

Labo Euromedis (XPAR:ALEMG) Headlines

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