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4DMedical (4DMedical) Debt-to-Equity : 0.05 (As of Dec. 2023)


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What is 4DMedical Debt-to-Equity?

4DMedical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.43 Mil. 4DMedical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.62 Mil. 4DMedical's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $61.00 Mil. 4DMedical's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 4DMedical's Debt-to-Equity or its related term are showing as below:

FDMDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.13
Current: 0.05

During the past 3 years, the highest Debt-to-Equity Ratio of 4DMedical was 0.13. The lowest was 0.02. And the median was 0.04.

FDMDF's Debt-to-Equity is ranked better than
80.54% of 704 companies
in the Medical Devices & Instruments industry
Industry Median: 0.215 vs FDMDF: 0.05

4DMedical Debt-to-Equity Historical Data

The historical data trend for 4DMedical'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.

4DMedical Debt-to-Equity Chart

4DMedical Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-Equity
0.02 0.11 0.07

4DMedical Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.02 0.11 0.13 0.07 0.05

Competitive Comparison of 4DMedical's Debt-to-Equity

For the Medical Devices subindustry, 4DMedical'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.

4DMedical's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, 4DMedical's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 4DMedical's Debt-to-Equity falls into.


4DMedical Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

4DMedical's Debt to Equity Ratio for the fiscal year 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
=(0.626 + 2.823) / 47.96
=0.07

4DMedical'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
=(0.433 + 2.616) / 60.999
=0.05

* 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.

4DMedical  (OTCPK:FDMDF) 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.

4DMedical Debt-to-Equity Related Terms

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4DMedical (4DMedical) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » 4DMedical Ltd (OTCPK:FDMDF) » Definitions » Debt-to-Equity
Comparable Companies
ASX:CYC ASX:EMV ASX:IPD ASX:IMR ASX:ARX ASX:MX1 ASX:SOM ASX:UBI ASX:NTI ASX:EYE ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA
Traded in Other Exchanges
4DX:Australia
Address
700 Swanston Street, Level 7, Melbourne Connect, Carlton, VIC, AUS, 3053
Website
https://www.4dmedical.com
4DMedical Ltd is a company whose principal activities is medical research technology and the development of a non?invasive respiratory imaging solution using four?dimensional imaging. The four-dimensional lung imaging technology utilises mathematics models and algorithms to convert X-ray scans into quantitative data which helps the physicians to manage patients with respiratory diseases and diseases of the lung.