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Blueil Medical Co (SZSE:002382) Debt-to-Equity : 0.43 (As of Mar. 2024)


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What is Blueil Medical Co Debt-to-Equity?

Blueil Medical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,066 Mil. Blueil Medical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,914 Mil. Blueil Medical Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥9,175 Mil. Blueil Medical Co's debt to equity for the quarter that ended in Mar. 2024 was 0.43.

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

SZSE:002382' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.32   Max: 0.71
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Blueil Medical Co was 0.71. The lowest was 0.01. And the median was 0.32.

SZSE:002382's Debt-to-Equity is ranked worse than
67.52% of 705 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs SZSE:002382: 0.43

Blueil Medical Co Debt-to-Equity Historical Data

The historical data trend for Blueil Medical 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.

Blueil Medical Co Debt-to-Equity Chart

Blueil Medical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.57 0.35 0.30 0.40

Blueil Medical Co 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 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 0.30 0.34 0.35 0.40 0.43

Competitive Comparison of Blueil Medical Co's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Blueil Medical 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.


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

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

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



Blueil Medical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blueil Medical Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Blueil Medical Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Blueil Medical Co  (SZSE:002382) 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.


Blueil Medical Co Debt-to-Equity Related Terms

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


Blueil Medical Co (SZSE:002382) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Qingtian Road, Qilu Chemical Industrial Zone, Shandong, Zibo, CHN, 255400
Blue Sail Medical Co Ltd is engaged in the manufacturing of health protective gloves. The products of the company include single use PVC inspection gloves, disposable PVC oral examination, single use rubber inspection gloves, and disposable rubber oral examination.
Executives
Liu Wen Jing Director
Zhong Shu Qiao Directors, executives
Yu Su Hua Director
Li Zhen Ping Director
Sun Chuan Zhi Directors, executives
Gu Lei Min Executives
Li Bing Rong Executives, directors
Yang Fan Executives
Han Bang You Secretary, Director
Zhao Min Securities Affairs Representative
Zhang Yong Chen Executives
Cao Yuan He Executives

Blueil Medical Co (SZSE:002382) Headlines

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