Rhoen Klinikum AG (XTER:RHK) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Rhoen Klinikum AG Debt-to-Equity?

Rhoen Klinikum AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4 Mil. Rhoen Klinikum AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €146 Mil. Rhoen Klinikum AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,252 Mil. Rhoen Klinikum AG's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Rhoen Klinikum AG's Debt-to-Equity or its related term are showing as below:

XTER:RHK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.15
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Rhoen Klinikum AG was 0.15. The lowest was 0.00. And the median was 0.13.

XTER:RHK's Debt-to-Equity is ranked better than
76.05% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs XTER:RHK: 0.12

Rhoen Klinikum AG Debt-to-Equity Historical Data

The historical data trend for Rhoen Klinikum AG'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.

Rhoen Klinikum AG Debt-to-Equity Chart

Rhoen Klinikum AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.14

0.13

0.12

Rhoen Klinikum AG 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															0.13	-	0.01	-	0.12

Competitive Comparison of Rhoen Klinikum AG's Debt-to-Equity

For the Medical Care Facilities subindustry, Rhoen Klinikum AG'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.

Rhoen Klinikum AG's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rhoen Klinikum AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rhoen Klinikum AG's Debt-to-Equity falls into.

Rhoen Klinikum AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rhoen Klinikum AG'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
	=	(3.7	+	146.2)	/	1252.04
	=	0.12

Rhoen Klinikum AG'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
	=	(3.7	+	146.2)	/	1252.04
	=	0.12

Rhoen Klinikum AG (XTER:RHK) 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.

Rhoen Klinikum AG Debt-to-Equity Related Terms

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Rhoen Klinikum AG (XTER:RHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rhoen Klinikum AG (XTER:RHK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RKAGY:USA RHKJF:USA 0NQH:UK RHK:Austria

Address

Salzburger Leite 1, Bad Neustadt a. d. Saale, DEU, 97616

Website

https://www.rhoen-klinikum-ag.com

Rhoen Klinikum AG provides medical care focused in five key areas: cardiovascular medicine, neuromedicine, oncology, pulmonary diseases, and orthopedic and trauma surgery. The firm operates in three business areas: acute hospitals, medical care centers, and rehabilitation hospitals. The acute hospitals business contributes to the vast majority of the firm's overall revenue. The majority of patients at the firm's acute hospitals and medical care centers are treated on an outpatient basis. Rhoen Klinikum generates the entirety of its revenue in Germany, with the Bavaria and Hesse regions contributing the largest proportions of revenue.

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