DocCheck AG (XTER:AJ91) Debt-to-Equity : 0.16 (As of Jun. 2023)

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What is DocCheck AG Debt-to-Equity?

DocCheck AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. DocCheck AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.74 Mil. DocCheck AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €36.77 Mil. DocCheck AG's debt to equity for the quarter that ended in Jun. 2023 was 0.16.

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

XTER:AJ91' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.19
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of DocCheck AG was 0.19. The lowest was 0.00. And the median was 0.00.

XTER:AJ91's Debt-to-Equity is ranked better than
70.91% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs XTER:AJ91: 0.16

DocCheck AG Debt-to-Equity Historical Data

The historical data trend for DocCheck AG'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.

DocCheck AG Debt-to-Equity Chart

DocCheck AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

0.11

0.05

0.19

0.18

DocCheck AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.19	-	0.18	0.16

Competitive Comparison of DocCheck AG's Debt-to-Equity

For the Health Information Services subindustry, DocCheck AG'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.

DocCheck AG's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

DocCheck AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DocCheck AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.913	+	6.161)	/	38.571
	=	0.18

DocCheck AG's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	5.736)	/	36.766
	=	0.16

DocCheck AG (XTER:AJ91) 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.

DocCheck AG Debt-to-Equity Related Terms

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DocCheck AG (XTER:AJ91) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » DocCheck AG (XTER:AJ91) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AJ91:Germany

Address

Doccheck AG, Vogelsanger Strac E 66, Koln, DEU, 50823

Website

http://www.doccheck.ag/investor

DocCheck AG is a Germany-based company engaged in the healthcare sector. It operates through subsidiaries: antwerpes AG develops integrated communication concepts for the healthcare sector, including social media and digital communication with focus on e-marketing concepts, search engine optimization (SEO), search engine advertising (SEA) and search engine marketing (SEM); DocCheck Medical Services GmbH operates an online platform for healthcare professionals, such as physicians and pharmacists; DocCheck Medizinbedarf und Logistik GmbH wholesales medical products from third parties and also produces own medical products, and DocCheck Guano AG is a venture capital company with focus on e-health companies and promotes healthcare startups.

Executives

Dr. Frank Antwerpes

Board of Directors

DocCheck AG (XTER:AJ91) Headlines

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