MediClin AG (XTER:MED) Debt-to-Equity : 2.45 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is MediClin AG Debt-to-Equity?

MediClin AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €51.0 Mil. MediClin AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €428.9 Mil. MediClin AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €195.9 Mil. MediClin AG's debt to equity for the quarter that ended in Dec. 2023 was 2.45.

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

XTER:MED' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 1.4 Max: 2.75
Current: 2.45

During the past 13 years, the highest Debt-to-Equity Ratio of MediClin AG was 2.75. The lowest was 0.29. And the median was 1.40.

XTER:MED's Debt-to-Equity is ranked worse than
89.6% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs XTER:MED: 2.45

MediClin AG Debt-to-Equity Historical Data

The historical data trend for MediClin 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.

MediClin AG Debt-to-Equity Chart

MediClin AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.68

2.75

2.40

2.45

MediClin AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.40	2.46	2.30	2.15	2.45

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

For the Medical Care Facilities subindustry, MediClin 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.

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

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

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

MediClin AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MediClin AG'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
	=	(50.962	+	428.862)	/	195.918
	=	2.45

MediClin AG'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
	=	(50.962	+	428.862)	/	195.918
	=	2.45

MediClin AG (XTER:MED) 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.

MediClin AG Debt-to-Equity Related Terms

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

MediClin AG (XTER:MED) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MED:Germany MED:Germany

Address

Okenstrasse 27, Offenburg, DEU, 77652

Website

https://www.mediclin.de

MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.