C-Mer Eye Care Holdings (HKSE:03309) Debt-to-Equity : 0.20 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is C-Mer Eye Care Holdings Debt-to-Equity?

C-Mer Eye Care Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$117 Mil. C-Mer Eye Care Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$246 Mil. C-Mer Eye Care Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,846 Mil. C-Mer Eye Care Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 C-Mer Eye Care Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:03309' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.22 Max: 1.42
Current: 0.2

During the past 10 years, the highest Debt-to-Equity Ratio of C-Mer Eye Care Holdings was 1.42. The lowest was 0.00. And the median was 0.22.

HKSE:03309's Debt-to-Equity is ranked better than
67.45% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs HKSE:03309: 0.20

C-Mer Eye Care Holdings Debt-to-Equity Historical Data

The historical data trend for C-Mer Eye Care Holdings'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.

C-Mer Eye Care Holdings Debt-to-Equity Chart

C-Mer Eye Care Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.20

0.19

0.35

0.24

0.20

C-Mer Eye Care Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.35	0.24	0.24	0.22	0.20

Competitive Comparison of C-Mer Eye Care Holdings's Debt-to-Equity

For the Medical Care Facilities subindustry, C-Mer Eye Care Holdings'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.

C-Mer Eye Care Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, C-Mer Eye Care Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where C-Mer Eye Care Holdings's Debt-to-Equity falls into.

C-Mer Eye Care Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

C-Mer Eye Care Holdings'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
	=	(116.533	+	246.457)	/	1845.814
	=	0.20

C-Mer Eye Care Holdings'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
	=	(116.533	+	246.457)	/	1845.814
	=	0.20

C-Mer Eye Care Holdings (HKSE:03309) 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.

C-Mer Eye Care Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of C-Mer Eye Care Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

C-Mer Eye Care Holdings (HKSE:03309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » C-Mer Eye Care Holdings Ltd (HKSE:03309) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3 Pedder Street, Suite 1335, Central Building, Central, Hong Kong, HKG

Website

https://www.cmereye.com

C-Mer Eye Care Holdings Ltd provides general medical and surgical hospital services. It provides ophthalmic health care, diagnosis, treatment, surgical treatment services, and the sale of vision aid and pharmaceutical products in Hong Kong and the People's Republic of China. The company offers cataract, cornea, and ocular surface diseases, glaucoma, vitreoretinal and macular diseases, other eye diseases diagnosis and treatment services, and Chinese medicine treatment of eye diseases. Its segments include Sales of medical consumables, Mainland China ophthalmic business and Mainland China dental business. It generates a vast majority of its revenue from the provision of the ophthalmic services segment.

C-Mer Eye Care Holdings (HKSE:03309) Headlines

No Headlines