China Health Management (China Health Management) Debt-to-Equity : -8.77 (As of Sep. 2023)

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What is China Health Management Debt-to-Equity?

China Health Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.69 Mil. China Health Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. China Health Management's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.08 Mil. China Health Management's debt to equity for the quarter that ended in Sep. 2023 was -8.77.

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 China Health Management's Debt-to-Equity or its related term are showing as below:

CNHC' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.77 Med: -8.77 Max: -8.77
Current: -8.77

During the past 2 years, the highest Debt-to-Equity Ratio of China Health Management was -8.77. The lowest was -8.77. And the median was -8.77.

CNHC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs CNHC: -8.77

China Health Management Debt-to-Equity Historical Data

The historical data trend for China Health Management'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.

China Health Management Debt-to-Equity Chart

China Health Management Annual Data

Trend

Jun99

Jun00

Debt-to-Equity

China Health Management Quarterly Data
	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Dec21	Sep22	Dec22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							-0.05	N/A	N/A	-	-8.77

Competitive Comparison of China Health Management's Debt-to-Equity

For the Shell Companies subindustry, China Health Management'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.

China Health Management's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Health Management's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Health Management's Debt-to-Equity falls into.

China Health Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Health Management's Debt to Equity Ratio for the fiscal year that ended in Jun. 2000 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	+	0)	/	4.47
	=	0.00

China Health Management's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.693	+	0)	/	-0.079
	=	-8.77

China Health Management (OTCPK:CNHC) 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.

China Health Management Debt-to-Equity Related Terms

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

China Health Management (China Health Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Health Management Corp (OTCPK:CNHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7490, Lorong Mesra Jaya 1, Taman Mesra Jaya, Butterworth, MYS, 13400

Website

https://www.dynachain.io

China Health Management Corp is engaged in providing management services and property investment.

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