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Guided Therapeutics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.39 Mil. Guided Therapeutics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.67 Mil. Guided Therapeutics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.81 Mil. Guided Therapeutics's debt to equity for the quarter that ended in Dec. 2023 was -0.54.
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 Guided Therapeutics's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Guided Therapeutics was -0.24. The lowest was -0.79. And the median was -0.42.
The historical data trend for Guided Therapeutics'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.
Guided Therapeutics Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | -0.36 | -0.41 | -0.53 | -0.79 | -0.54 |
Guided Therapeutics 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 | -0.79 | -0.74 | -0.63 | -0.57 | -0.54 |
For the Medical Devices subindustry, Guided Therapeutics'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.
For the Medical Devices & Instruments industry and Healthcare sector, Guided Therapeutics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Guided Therapeutics's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Guided Therapeutics'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 | |
= | (1.392 | + | 0.666) | / | -3.806 | |
= | -0.54 |
Guided Therapeutics'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 | |
= | (1.392 | + | 0.666) | / | -3.806 | |
= | -0.54 |
* 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.
Guided Therapeutics (OTCPK:GTHP) 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.
Thank you for viewing the detailed overview of Guided Therapeutics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
John E Imhoff | director, 10 percent owner | P.O. BOX 31083, SEA ISLAND GA 31561 |
Alan Grujic | director | 349 FORBES AVE, SAN RAFAEL CA 94901 |
Michael C James | director | 2040 MAIN STREET, SUITE 225, IRVINE CA 92614 |
Richard P. Blumberg | director | 2357 HOBART AVENUE S.W., SEATTLE WA 98116 |
Lynne H Imhoff | 10 percent owner | 2716 SOUTH ROCKFORD ROAD, TULSA OK 74114 |
Gene S Cartwright | officer: Chief Executive Officer | 4088 COMMERCIAL AVE, NORTHBROOK IL 60062 |
Parsons & Whittemore Enterprises Corp. | 10 percent owner | 4 INTERNATIONAL DRIVE, RYE BROOK NY 10573 |
George F. Landegger 2010 10-year Grat | 10 percent owner | 4 INTERNATIONAL DRIVE, RYE BROOK NY 10573 |
George F Landegger | 10 percent owner | 4 INTERNATIONAL DRIVE, RYE BROOK, NEW YORK NY 10573 |
Whittemore Collection Ltd | 10 percent owner | 4 INTERNATIONAL DRIVE, RYE BROOK NY 10573 |
George F. Landegger 2010 5-year Grat | 10 percent owner | 4 INTERNATIONAL DRIVE, RYE BROOK NY 10573 |
Linda Rosenstock | director | 5995 PLAZA DRIVE, MAIL STOP CY20-103, CYPRESS CA 90630 |
Jonathan M Niloff | director | C/O MATRITECH, INC., 330 NEVADA STREET, NEWTON MA 02460 |
Ronald W Allen | director | P O BOX 1734, ATLANTA GA 30301 |
Shabbir Bakir Bambot | officer: VP of R & D | 4955 AVALON RIDGE PARKWAY, SUITE 300, NORCROSS GA 30071 |
From GuruFocus
By Marketwired Marketwired • 05-16-2018
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