AME Company for Medical Supplies (SAU:9527) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is AME Company for Medical Supplies Debt-to-Equity?

AME Company for Medical Supplies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.2 Mil. AME Company for Medical Supplies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.4 Mil. AME Company for Medical Supplies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼127.2 Mil. AME Company for Medical Supplies's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 AME Company for Medical Supplies's Debt-to-Equity or its related term are showing as below:

SAU:9527' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.02
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of AME Company for Medical Supplies was 0.02. The lowest was 0.01. And the median was 0.02.

SAU:9527's Debt-to-Equity is ranked better than
95.12% of 82 companies
in the Medical Distribution industry
Industry Median: 0.3 vs SAU:9527: 0.02

AME Company for Medical Supplies Debt-to-Equity Historical Data

The historical data trend for AME Company for Medical Supplies'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.

AME Company for Medical Supplies Debt-to-Equity Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

0.01

0.02

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.02	0.01	0.01	0.02	0.02

Competitive Comparison of AME Company for Medical Supplies's Debt-to-Equity

For the Medical Distribution subindustry, AME Company for Medical Supplies'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.

AME Company for Medical Supplies's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AME Company for Medical Supplies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AME Company for Medical Supplies's Debt-to-Equity falls into.

AME Company for Medical Supplies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AME Company for Medical Supplies'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
	=	(1.202	+	1.396)	/	127.169
	=	0.02

AME Company for Medical Supplies'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
	=	(1.202	+	1.396)	/	127.169
	=	0.02

AME Company for Medical Supplies (SAU:9527) 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.

AME Company for Medical Supplies Debt-to-Equity Related Terms

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AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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