Andlauer Healthcare Group (TSX:AND) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is Andlauer Healthcare Group Debt-to-Equity?

Andlauer Healthcare Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$52.8 Mil. Andlauer Healthcare Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$72.3 Mil. Andlauer Healthcare Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$480.0 Mil. Andlauer Healthcare Group's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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

TSX:AND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.51 Max: 1.91
Current: 0.26

During the past 8 years, the highest Debt-to-Equity Ratio of Andlauer Healthcare Group was 1.91. The lowest was 0.26. And the median was 0.51.

TSX:AND's Debt-to-Equity is ranked better than
72.56% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs TSX:AND: 0.26

Andlauer Healthcare Group Debt-to-Equity Historical Data

The historical data trend for Andlauer Healthcare Group'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.

Andlauer Healthcare Group Debt-to-Equity Chart

Andlauer Healthcare Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.91

1.37

0.53

0.37

0.27

Andlauer Healthcare Group 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															0.35	0.34	0.27	0.27	0.26

Competitive Comparison of Andlauer Healthcare Group's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Andlauer Healthcare Group'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.

Andlauer Healthcare Group's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Andlauer Healthcare Group's Debt-to-Equity distribution charts can be found below:

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

Andlauer Healthcare Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andlauer Healthcare Group'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
	=	(27.697	+	100.203)	/	469.57
	=	0.27

Andlauer Healthcare Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(52.8	+	72.31)	/	480.025
	=	0.26

Andlauer Healthcare Group (TSX:AND) 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.

Andlauer Healthcare Group Debt-to-Equity Related Terms

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Andlauer Healthcare Group (TSX:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Andlauer Healthcare Group Inc (TSX:AND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3LT:Germany

Address

100 Vaughan Valley Boulevard, Vaughan, ON, CAN, L4H 3C5

Website

https://www.andlauerhealthcare.com

Andlauer Healthcare Group Inc is an investment holding company. It operates in two segments namely Specialized Transportation and Healthcare Logistics. The company generates maximum revenue from the Specialized Transportation segment. Its Specialized Transportation segment provides specialized temperature controlled services to healthcare customers. The company's transportation products include ground transportation, air freight forwarding, and dedicated and last mile delivery. The Healthcare Logistics segment provides contract logistics services for customers, including logistics and distribution, and packaging.

Andlauer Healthcare Group (TSX:AND) Headlines

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