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BTC Health (ASX:BTC) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is BTC Health Debt-to-Equity?

BTC Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. BTC Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. BTC Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$5.41 Mil. BTC Health's debt to equity for the quarter that ended in Dec. 2023 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 BTC Health's Debt-to-Equity or its related term are showing as below:

ASX:BTC's Debt-to-Equity is not ranked *
in the Biotechnology industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

BTC Health Debt-to-Equity Historical Data

The historical data trend for BTC Health'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.

BTC Health Debt-to-Equity Chart

BTC Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
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BTC Health Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of BTC Health's Debt-to-Equity

For the Biotechnology subindustry, BTC Health'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.


BTC Health's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BTC Health's Debt-to-Equity distribution charts can be found below:

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



BTC Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BTC Health's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

BTC Health's Debt to Equity Ratio for the quarter that ended in Dec. 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.


BTC Health  (ASX:BTC) 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.


BTC Health Debt-to-Equity Related Terms

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


BTC Health (ASX:BTC) Business Description

Traded in Other Exchanges
N/A
Address
10 Oxley Road, Level 1, Hawthorn, Melbourne, VIC, AUS, 3122
BTC Health Ltd is a pooled development fund. The company is seeking new investment opportunities in entities operating in the biotechnology/life-science sectors. Its only operating segment is the making and managing of healthcare ventures. The company's product includes ambIT Infusion Pumps; episil oral liquid, Eldor, and its pipeline products ChloraSolv.

BTC Health (ASX:BTC) Headlines

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