Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Debt-to-Equity : 1.08 (As of Dec. 2023)

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What is Shanghai MicroPort MedBot (Group) Co Debt-to-Equity?

Shanghai MicroPort MedBot (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$462.9 Mil. Shanghai MicroPort MedBot (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$150.1 Mil. Shanghai MicroPort MedBot (Group) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$568.2 Mil. Shanghai MicroPort MedBot (Group) Co's debt to equity for the quarter that ended in Dec. 2023 was 1.08.

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 Shanghai MicroPort MedBot (Group) Co's Debt-to-Equity or its related term are showing as below:

HKSE:02252' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 1.08
Current: 1.08

During the past 5 years, the highest Debt-to-Equity Ratio of Shanghai MicroPort MedBot (Group) Co was 1.08. The lowest was 0.01. And the median was 0.16.

HKSE:02252's Debt-to-Equity is ranked worse than
88.46% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs HKSE:02252: 1.08

Shanghai MicroPort MedBot (Group) Co Debt-to-Equity Historical Data

The historical data trend for Shanghai MicroPort MedBot (Group) Co'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.

Shanghai MicroPort MedBot (Group) Co Debt-to-Equity Chart

Shanghai MicroPort MedBot (Group) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.45

0.01

0.09

0.16

1.08

Shanghai MicroPort MedBot (Group) Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.09	0.11	0.16	0.62	1.08

Competitive Comparison of Shanghai MicroPort MedBot (Group) Co's Debt-to-Equity

For the Medical Devices subindustry, Shanghai MicroPort MedBot (Group) Co'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.

Shanghai MicroPort MedBot (Group) Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai MicroPort MedBot (Group) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai MicroPort MedBot (Group) Co's Debt-to-Equity falls into.

Shanghai MicroPort MedBot (Group) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai MicroPort MedBot (Group) Co'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
	=	(462.927	+	150.054)	/	568.196
	=	1.08

Shanghai MicroPort MedBot (Group) Co'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
	=	(462.927	+	150.054)	/	568.196
	=	1.08

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) 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.

Shanghai MicroPort MedBot (Group) Co Debt-to-Equity Related Terms

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Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai MicroPort MedBot (Group) Co Ltd (HKSE:02252) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Zhangdong Road, Room 101, Area B, Building 1, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.medbotsurgical.com

Shanghai MicroPort MedBot (Group) Co Ltd is a top-tier surgical robot company dedicated to designing, developing, and commercializing surgical robots to assist surgeons in performing complex surgical procedures.

Executives

He Chao	2201 Interest of corporation controlled by you
Yuan Shuai	2201 Interest of corporation controlled by you
Ji Shufang	2202 Interest of your spouse
Wu Kaili	2202 Interest of your spouse
Shenzhen Gao Ling Tiancheng Phase Iii Investment Co., Ltd.	2201 Interest of corporation controlled by you
Shenzhen Gao Ling Muqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Xiamen Gao Ling Ruiqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Zhuhai Gao Ling Chongheng Equity Investment Llp	2101 Beneficial owner
Shang Hai Wei Chuang Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Zhen Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2103 Interests held jointly with another person
Shang Hai Mo Hua Ren Gong Zhi Neng Ke Ji You Xian Gong Si	2103 Interests held jointly with another person
Wei Chuang Yi Liao Ke Xue You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Min Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2101 Beneficial owner

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Headlines

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