REMSleep Holdings (REMSleep Holdings) Debt-to-Equity : 0.19 (As of Dec. 2023)

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What is REMSleep Holdings Debt-to-Equity?

REMSleep Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.13 Mil. REMSleep Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. REMSleep Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.93 Mil. REMSleep Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 REMSleep Holdings's Debt-to-Equity or its related term are showing as below:

RMSL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.49 Med: -0.22 Max: 0.19
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of REMSleep Holdings was 0.19. The lowest was -0.49. And the median was -0.22.

RMSL's Debt-to-Equity is ranked better than
53.03% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs RMSL: 0.19

REMSleep Holdings Debt-to-Equity Historical Data

The historical data trend for REMSleep 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.

REMSleep Holdings Debt-to-Equity Chart

REMSleep Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-0.31

-0.32

0.16

0.17

0.19

REMSleep Holdings 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															0.17	0.13	0.10	0.10	0.19

Competitive Comparison of REMSleep Holdings's Debt-to-Equity

For the Medical Devices subindustry, REMSleep 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.

REMSleep Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, REMSleep Holdings's Debt-to-Equity distribution charts can be found below:

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

REMSleep Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

REMSleep 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
	=	(0.134	+	0.044)	/	0.931
	=	0.19

REMSleep 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
	=	(0.134	+	0.044)	/	0.931
	=	0.19

REMSleep Holdings (OTCPK:RMSL) 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.

REMSleep Holdings Debt-to-Equity Related Terms

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

REMSleep Holdings (REMSleep Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » REMSleep Holdings Inc (OTCPK:RMSL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14175 ICOT Blvd, Suite 300, Clearwater, FL, USA, 33760

Website

https://www.remsleep.com

REMSleep Holdings Inc is focused on designing and manufacturing devices and products for the treatment of sleep apnea and other respiratory conditions. The company offers the product DeltaWave which is specifically designed with airflow characteristics to enable patients with sleep apnea to breathe normally. Geographically, the business activity of the group functions through the region of the United States.

Executives

Russell Finlay Bird	10 percent owner, officer: President	722 50TH STREET, DES MOINES IA 50312
Tom J Wood	director, officer: CEO	1170 CHERRYWOOD RD, WAYCROSS GA 31503
Thomas Brookes	director, officer: VP & MD OF EKOM EYA MINE DIV.	1149 TOPSAIL ROAD, MOUNT PEARL A4 AIN 5G2
Matthew Sullivan	director, officer: ASST. VP OF EKOM EYA MINE DIV.	1149 TOPSAIL ROAD, MOUNT PEARL A4 AIN5G2
David M Barnes	officer: Chief Financial Officer	6800 JERICHO TURNPIKE, SUITE 208E, SYOSSET NY 11791
Walter Leslie Thistle	director, other: Chairman of the Board	17 COLLINGWOOD CRESCENT, MOUNT PEARL A4 A1N5C6
Kat Exploration Inc.	10 percent owner	1149 TOPSAIL ROAD, MOUNT PEARL A4 A1N5G2
Ken Stead	director, 10 percent owner, officer: CEO and President	15 BLADE CRESCENT, MOUNT PEARL A4 A1N 5L1
Ronald Davis	officer: PRESIDENT	4412 8TH STREET SW, VERO BEACH FL 32968