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Omni Health (Omni Health) Debt-to-Equity : 0.29 (As of Jan. 2017)


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What is Omni Health Debt-to-Equity?

Omni Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2017 was $0.90 Mil. Omni Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2017 was $0.02 Mil. Omni Health's Total Stockholders Equity for the quarter that ended in Jan. 2017 was $3.22 Mil. Omni Health's debt to equity for the quarter that ended in Jan. 2017 was 0.29.

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 Omni Health's Debt-to-Equity or its related term are showing as below:

OMHE's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

Omni Health Debt-to-Equity Historical Data

The historical data trend for Omni 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.

Omni Health Debt-to-Equity Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Debt-to-Equity
- - -

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.23 0.26 0.29

Competitive Comparison of Omni Health's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Omni 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.


Omni Health's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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



Omni Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Omni Health's Debt to Equity Ratio for the fiscal year that ended in Apr. 2016 is calculated as

Omni Health's Debt to Equity Ratio for the quarter that ended in Jan. 2017 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.


Omni Health  (OTCPK:OMHE) 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.


Omni Health Debt-to-Equity Related Terms

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


Omni Health (Omni Health) Business Description

Traded in Other Exchanges
N/A
Address
5966 West 16th Avenue, Miami Beach, FL, USA, 33012
Omni Health Inc operates a pharmacy in Miami Beach, Florida. The company operates through its subsidiary as a vertically integrated company focused on healthcare and operating in the lucrative pharmaceutical, medical and wellness industries.

Omni Health (Omni Health) Headlines