Hellenic Dynamics (LSE:HELD) Debt-to-Equity : 0.43 (As of Sep. 2023)

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What is Hellenic Dynamics Debt-to-Equity?

Hellenic Dynamics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.08 Mil. Hellenic Dynamics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.26 Mil. Hellenic Dynamics's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £0.77 Mil. Hellenic Dynamics's debt to equity for the quarter that ended in Sep. 2023 was 0.43.

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 Hellenic Dynamics's Debt-to-Equity or its related term are showing as below:

LSE:HELD' s Debt-to-Equity Range Over the Past 10 Years
Min: -32 Med: 0.43 Max: 1.1
Current: 0.43

During the past 2 years, the highest Debt-to-Equity Ratio of Hellenic Dynamics was 1.10. The lowest was -32.00. And the median was 0.43.

LSE:HELD's Debt-to-Equity is ranked worse than
60.26% of 848 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs LSE:HELD: 0.43

Hellenic Dynamics Debt-to-Equity Historical Data

The historical data trend for Hellenic Dynamics'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.

Hellenic Dynamics Debt-to-Equity Chart

Hellenic Dynamics Annual Data

Trend

Dec19

Dec20

Debt-to-Equity

-32.00

-3.69

Hellenic Dynamics Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			-3.69	N/A	0.80	1.10	0.43

Competitive Comparison of Hellenic Dynamics's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Hellenic Dynamics'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.

Hellenic Dynamics's Debt-to-Equity Distribution in the Drug Manufacturers Industry

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

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

Hellenic Dynamics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hellenic Dynamics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.031	+	0.345)	/	-0.102
	=	-3.69

Hellenic Dynamics's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.078	+	0.256)	/	0.769
	=	0.43

Hellenic Dynamics (LSE:HELD) 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.

Hellenic Dynamics Debt-to-Equity Related Terms

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

Hellenic Dynamics (LSE:HELD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hellenic Dynamics PLC (LSE:HELD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Arlington Street, London, GBR, SW1A 1RN

Website

https://www.hellenicdynamics.com

Hellenic Dynamics PLC is engaged in the cultivation, and supply of tetrahydrocannabinol (THC) dominant strains of medical cannabis flowers, destined for the growing medical cannabis markets across Europe.

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