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DIH Holding US (DIH Holding US) Debt-to-Equity : -0.63 (As of Mar. 2023)


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What is DIH Holding US Debt-to-Equity?

DIH Holding US's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $15.75 Mil. DIH Holding US's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $2.46 Mil. DIH Holding US's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $-29.05 Mil. DIH Holding US's debt to equity for the quarter that ended in Mar. 2023 was -0.63.

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 DIH Holding US's Debt-to-Equity or its related term are showing as below:

DHAI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.89   Med: -0.76   Max: -0.63
Current: -0.63

During the past 2 years, the highest Debt-to-Equity Ratio of DIH Holding US was -0.63. The lowest was -0.89. And the median was -0.76.

DHAI's Debt-to-Equity is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.21 vs DHAI: -0.63

DIH Holding US Debt-to-Equity Historical Data

The historical data trend for DIH Holding US'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.

DIH Holding US Debt-to-Equity Chart

DIH Holding US Annual Data
Trend Mar22 Mar23
Debt-to-Equity
-0.89 -0.63

DIH Holding US Semi-Annual Data
Mar22 Mar23
Debt-to-Equity -0.89 -0.63

Competitive Comparison of DIH Holding US's Debt-to-Equity

For the Medical Devices subindustry, DIH Holding US'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.

DIH Holding US's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where DIH Holding US's Debt-to-Equity falls into.


DIH Holding US Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DIH Holding US's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(15.745 + 2.459) / -29.054
=-0.63

DIH Holding US's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(15.745 + 2.459) / -29.054
=-0.63

* 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.

DIH Holding US  (NAS:DHAI) 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.

DIH Holding US Debt-to-Equity Related Terms

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DIH Holding US (DIH Holding US) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » DIH Holding US Inc (NAS:DHAI) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
77 Accord Park Drive, Suite D-1, Norwell, MA, USA, 02061
Website
https://www.dih.com
DIH Holding US Inc is a global solution provider in blending innovative robotic and virtual reality (VR) technologies with clinical integration and insights. It is positioning itself as a transformative total smart solutions provider and consolidator in a largely fragmented and manual-labor-driven industry.

DIH Holding US (DIH Holding US) Headlines

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