AirSculpt Technologies (AirSculpt Technologies) Debt-to-Equity : 1.18 (As of Mar. 2024)

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What is AirSculpt Technologies Debt-to-Equity?

AirSculpt Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.2 Mil. AirSculpt Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $90.6 Mil. AirSculpt Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $83.5 Mil. AirSculpt Technologies's debt to equity for the quarter that ended in Mar. 2024 was 1.18.

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 AirSculpt Technologies's Debt-to-Equity or its related term are showing as below:

AIRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 1.2 Max: 1.52
Current: 1.18

During the past 5 years, the highest Debt-to-Equity Ratio of AirSculpt Technologies was 1.52. The lowest was 0.38. And the median was 1.20.

AIRS's Debt-to-Equity is ranked worse than
74.82% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs AIRS: 1.18

AirSculpt Technologies Debt-to-Equity Historical Data

The historical data trend for AirSculpt Technologies'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.

AirSculpt Technologies Debt-to-Equity Chart

AirSculpt Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.38

0.40

1.20

1.52

1.19

AirSculpt Technologies Quarterly Data
	Dec19	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												1.51	1.38	1.20	1.19	1.18

Competitive Comparison of AirSculpt Technologies's Debt-to-Equity

For the Medical Care Facilities subindustry, AirSculpt Technologies'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.

AirSculpt Technologies's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

AirSculpt Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AirSculpt Technologies'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
	=	(7.5	+	92.168)	/	83.992
	=	1.19

AirSculpt Technologies'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
	=	(8.249	+	90.618)	/	83.503
	=	1.18

AirSculpt Technologies (NAS:AIRS) 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.

AirSculpt Technologies Debt-to-Equity Related Terms

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AirSculpt Technologies (AirSculpt Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AirSculpt Technologies Inc (NAS:AIRS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Lincoln Road, Suite 802, Miami Beach, FL, USA, 33139

Website

https://www.elitebodysculpture.com

AirSculpt Technologies Inc is a national provider of body contouring procedures delivering a premium consumer experience under our brand Elite Body Sculpture. At Elite Body Sculpture, company provide custom body contouring using proprietary AirSculpt method that removes unwanted fat in a minimally invasive procedure, producing dramatic results. Its mission is to generate the best results for patients.

Executives

Todd Magazine	director, officer: President and CEO	1111 LINCOLN ROAD, SUITE 802, MIAMI BEACH FL 33139
Thomas J Aaron	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Dennis Dean	officer: Chief Financial Officer	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Caroline Chu	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Kenneth Higgins	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Aaron Rollins	director, 10 percent owner, officer: Chief Executive Officer	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Adam T Feinstein	director, 10 percent owner	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Ronald P. Zelhof	officer: COO and President	310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Pamela L. Netzky	director	C/O AMPLIFY SNACK BRANDS, INC., 500 WEST 5TH STREET, AUSTIN TX 78701
Daniel Sollof	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Vscp Ebs Aggregator, L.p.	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013
Ebs Aggregator Blocker Holdings, Llc	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013