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Yihua Healthcare Co (SZSE:000150) Debt-to-Equity : -2.96 (As of Mar. 2023)


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What is Yihua Healthcare Co Debt-to-Equity?

Yihua Healthcare Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥1,920.3 Mil. Yihua Healthcare Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ¥619.4 Mil. Yihua Healthcare Co's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ¥-857.9 Mil. Yihua Healthcare Co's debt to equity for the quarter that ended in Mar. 2023 was -2.96.

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 Yihua Healthcare Co's Debt-to-Equity or its related term are showing as below:

SZSE:000150'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.

Yihua Healthcare Co Debt-to-Equity Historical Data

The historical data trend for Yihua Healthcare Co'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.

Yihua Healthcare Co Debt-to-Equity Chart

Yihua Healthcare Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 4.05 12.78 -5.95 -3.25

Yihua Healthcare Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.89 -3.97 -3.41 -3.25 -2.96

Competitive Comparison of Yihua Healthcare Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Yihua Healthcare Co'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.


Yihua Healthcare Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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



Yihua Healthcare Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yihua Healthcare Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Yihua Healthcare Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Yihua Healthcare Co  (SZSE:000150) 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.


Yihua Healthcare Co Debt-to-Equity Related Terms

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


Yihua Healthcare Co (SZSE:000150) Business Description

Traded in Other Exchanges
N/A
Address
North side of Wenguan Road, Chenghai District, Guangdong Province, Shantou, CHN, 515800
Yihua Healthcare Co Ltd is a China-based company engaged in offering medical and healthcare services. Its provision of services includes integrated medical and logistic service, medical professional engineering, hospital management services and investment medical institutions.
Executives
Wang Shao Nong Director
Liu Shao Sheng Directors, executives
Tan Jin Song Director

Yihua Healthcare Co (SZSE:000150) Headlines

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