Mobile-health Network Solutions (Mobile-health Network Solutions) Debt-to-Equity : 7.00 (As of Dec. 2023)

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What is Mobile-health Network Solutions Debt-to-Equity?

Mobile-health Network Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. Mobile-health Network Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.24 Mil. Mobile-health Network Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.05 Mil. Mobile-health Network Solutions's debt to equity for the quarter that ended in Dec. 2023 was 7.00.

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 Mobile-health Network Solutions's Debt-to-Equity or its related term are showing as below:

MNDR' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.08 Med: 0.01 Max: 7
Current: 7

During the past 3 years, the highest Debt-to-Equity Ratio of Mobile-health Network Solutions was 7.00. The lowest was -1.08. And the median was 0.01.

MNDR's Debt-to-Equity is ranked worse than
97.62% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs MNDR: 7.00

Mobile-health Network Solutions Debt-to-Equity Historical Data

The historical data trend for Mobile-health Network Solutions'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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Mobile-health Network Solutions Debt-to-Equity Chart

Mobile-health Network Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

-0.01

0.01

-1.08

Mobile-health Network Solutions Quarterly Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.01	0.02	-1.08	7.00

Competitive Comparison of Mobile-health Network Solutions's Debt-to-Equity

For the Health Information Services subindustry, Mobile-health Network Solutions'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.

Mobile-health Network Solutions's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mobile-health Network Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mobile-health Network Solutions's Debt-to-Equity falls into.

Mobile-health Network Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mobile-health Network Solutions's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.155	+	0.241)	/	-0.367
	=	-1.08

Mobile-health Network Solutions'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
	=	(0.142	+	0.236)	/	0.054
	=	7.00

Mobile-health Network Solutions (NAS:MNDR) 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.

Mobile-health Network Solutions Debt-to-Equity Related Terms

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Mobile-health Network Solutions (Mobile-health Network Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mobile-health Network Solutions (NAS:MNDR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No.07-06/07, Vision Exchange, Singapore, SGP, 608526

Website

Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. They provide their services on its MaNaDr platform, which is accessible via their mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users. The company's revenues are derived mainly from the provision of telemedicine and other services, sale of medicine and medical devices.

Mobile-health Network Solutions (Mobile-health Network Solutions) Headlines

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