Greenbrook TMS (Greenbrook TMS) Debt-to-Equity : -1.31 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Greenbrook TMS Debt-to-Equity?

Greenbrook TMS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $11.62 Mil. Greenbrook TMS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $134.90 Mil. Greenbrook TMS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-111.73 Mil. Greenbrook TMS's debt to equity for the quarter that ended in Mar. 2024 was -1.31.

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 Greenbrook TMS's Debt-to-Equity or its related term are showing as below:

GBNHF' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.19 Med: 0.03 Max: 13.49
Current: -1.33

During the past 9 years, the highest Debt-to-Equity Ratio of Greenbrook TMS was 13.49. The lowest was -12.19. And the median was 0.03.

GBNHF's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.485 vs GBNHF: -1.33

Greenbrook TMS Debt-to-Equity Historical Data

The historical data trend for Greenbrook TMS'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.

Greenbrook TMS Debt-to-Equity Chart

Greenbrook TMS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.14

13.49

2.58

-1.92

-1.33

Greenbrook TMS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	N/A	N/A	-1.33	-1.31

Competitive Comparison of Greenbrook TMS's Debt-to-Equity

For the Medical Care Facilities subindustry, Greenbrook TMS'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.

Greenbrook TMS's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Greenbrook TMS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greenbrook TMS'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
	=	(10.922	+	119.711)	/	-98.036
	=	-1.33

Greenbrook TMS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(11.617	+	134.902)	/	-111.734
	=	-1.31

Greenbrook TMS (OTCPK:GBNHF) 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.

Greenbrook TMS Debt-to-Equity Related Terms

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

Greenbrook TMS (Greenbrook TMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Greenbrook TMS Inc (OTCPK:GBNHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

890 Yonge Street, 7th Floor, Toronto, ON, CAN, M4W 3P4

Website

https://www.greenbrooktms.com

Greenbrook TMS Inc is a provider of Transcranial Magnetic Stimulation (TMS) therapy, an FDA-cleared, non-invasive therapy for the treatment of major depressive disorder and other mental health disorders, in the United States. TMS therapy provides local electromagnetic stimulation to specific brain regions known to be directly associated with mood regulation. Greenbrook has provided over 11,00,000 TMS treatments to over 31,000 patients struggling with depression.