Animalcare Group (LSE:ANCR) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is Animalcare Group Debt-to-Equity?

Animalcare Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.91 Mil. Animalcare Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £4.96 Mil. Animalcare Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £77.90 Mil. Animalcare Group's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 Animalcare Group's Debt-to-Equity or its related term are showing as below:

LSE:ANCR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.19 Max: 0.37
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Animalcare Group was 0.37. The lowest was 0.08. And the median was 0.19.

LSE:ANCR's Debt-to-Equity is ranked better than
75.64% of 854 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs LSE:ANCR: 0.08

Animalcare Group Debt-to-Equity Historical Data

The historical data trend for Animalcare Group'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.

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Animalcare Group Debt-to-Equity Chart

Animalcare Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.29

0.23

0.14

0.15

0.08

Animalcare Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.17	0.15	0.14	0.08

Competitive Comparison of Animalcare Group's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Animalcare Group'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.

Animalcare Group's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Animalcare Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Animalcare Group's Debt-to-Equity falls into.

Animalcare Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Animalcare Group'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
	=	(0.914	+	4.962)	/	77.895
	=	0.08

Animalcare Group'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
	=	(0.914	+	4.962)	/	77.895
	=	0.08

Animalcare Group (LSE:ANCR) 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.

Animalcare Group Debt-to-Equity Related Terms

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

Animalcare Group (LSE:ANCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Animalcare Group PLC (LSE:ANCR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ANCR.GB:UK

Address

Monks Cross Drive, Moorside, York, GBR, YO32 9LB

Website

https://www.animalcaregroup.com

Animalcare Group PLC is active in the healthcare division in the United Kingdom. It is a generic veterinary medicines company. The company mainly caters to veterinary professionals in the treatment of companion animals through a product line comprised of licensed veterinary medicines and companion animal identification products and services. Its only reportable segment is Pharmaceutical which includes the development and marketing of innovative pharmaceutical products. The company has a presence in Belgium, The Netherlands, Germany, Italy, Portugal, European Union - Other, Asia, Middle East Africa, Spain, the United Kingdom, and Other Countries of which Spain derives a majority of revenue to the company.

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