EMvision Medical Devices (ASX:EMV) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is EMvision Medical Devices Debt-to-Equity?

EMvision Medical Devices's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2.78 Mil. EMvision Medical Devices's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.19 Mil. EMvision Medical Devices's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$5.71 Mil. EMvision Medical Devices's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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 EMvision Medical Devices's Debt-to-Equity or its related term are showing as below:

ASX:EMV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.6
Current: 0.52

During the past 5 years, the highest Debt-to-Equity Ratio of EMvision Medical Devices was 0.60. The lowest was 0.01. And the median was 0.08.

ASX:EMV's Debt-to-Equity is ranked worse than
72.88% of 708 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs ASX:EMV: 0.52

EMvision Medical Devices Debt-to-Equity Historical Data

The historical data trend for EMvision Medical Devices'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.

EMvision Medical Devices Debt-to-Equity Chart

EMvision Medical Devices Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.02

0.10

0.60

EMvision Medical Devices Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.01	0.10	0.08	0.60	0.52

Competitive Comparison of EMvision Medical Devices's Debt-to-Equity

For the Medical Devices subindustry, EMvision Medical Devices'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.

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

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

* The bar in red indicates where EMvision Medical Devices's Debt-to-Equity falls into.

EMvision Medical Devices Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EMvision Medical Devices'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
	=	(2.728	+	0.313)	/	5.115
	=	0.59

EMvision Medical Devices'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
	=	(2.782	+	0.191)	/	5.71
	=	0.52

EMvision Medical Devices (ASX:EMV) 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.

EMvision Medical Devices Debt-to-Equity Related Terms

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EMvision Medical Devices (ASX:EMV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » EMvision Medical Devices Ltd (ASX:EMV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Epping Road, Suite 4.01, Macquarie Park, NSW, AUS, 2113

Website

https://www.emvision.com.au

EMvision Medical Devices Ltd is an Australian medical device company. The company is focused on the research, development, and commercialization of medical imaging and diagnostic technology. It is seeking to commercialize a potentially low-cost, portable medical imaging device using electromagnetic microwave imaging for stroke diagnosis and monitoring and other medical imaging needs.

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