Biolase (STU:BTH0) Debt-to-Equity : 8.03 (As of Dec. 2023)

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What is Biolase Debt-to-Equity?

Biolase's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.89 Mil. Biolase's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.51 Mil. Biolase's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1.79 Mil. Biolase's debt to equity for the quarter that ended in Dec. 2023 was 8.03.

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

STU:BTH0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 1.4 Max: 36.59
Current: 8.03

During the past 13 years, the highest Debt-to-Equity Ratio of Biolase was 36.59. The lowest was 0.01. And the median was 1.40.

STU:BTH0's Debt-to-Equity is ranked worse than
99.44% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs STU:BTH0: 8.03

Biolase Debt-to-Equity Historical Data

The historical data trend for Biolase'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.

Biolase Debt-to-Equity Chart

Biolase Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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36.62

1.82

0.61

3.21

8.03

Biolase 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															3.21	1.97	2.19	2.72	8.03

Competitive Comparison of Biolase's Debt-to-Equity

For the Medical Devices subindustry, Biolase'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.

Biolase's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Biolase's Debt-to-Equity distribution charts can be found below:

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

Biolase Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Biolase'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
	=	(2.891	+	11.512)	/	1.794
	=	8.03

Biolase'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
	=	(2.891	+	11.512)	/	1.794
	=	8.03

Biolase (STU:BTH0) 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.

Biolase Debt-to-Equity Related Terms

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Biolase (STU:BTH0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Biolase Inc (STU:BTH0) » Definitions » Debt-to-Equity

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BIOL:USA

Address

27042 Towne Centre Drive, Suite 270, Lake Forest, CA, USA, 92610

Website

https://www.biolase.com

Biolase Inc is a US-based medical device company. It develops, manufactures, markets, and sells laser systems in dentistry and medicine. The company also markets, sells and distributes dental imaging equipment, including cone beam digital x-rays and CAD/CAM intraoral scanners. It offers two categories of laser system products: Waterlase (all-tissue) systems and Diode (soft-tissue) systems which allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a broad range of minimally invasive dental procedures, including cosmetic, restorative, and complex surgical applications. The majority of the company's revenue comes from the United States.

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