Aoxin Q & M Dental Group (SGX:1D4) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Aoxin Q & M Dental Group Debt-to-Equity?

Aoxin Q & M Dental Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.31 Mil. Aoxin Q & M Dental Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$3.27 Mil. Aoxin Q & M Dental Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$49.82 Mil. Aoxin Q & M Dental Group's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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 Aoxin Q & M Dental Group's Debt-to-Equity or its related term are showing as below:

SGX:1D4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.21
Current: 0.09

During the past 11 years, the highest Debt-to-Equity Ratio of Aoxin Q & M Dental Group was 0.21. The lowest was 0.00. And the median was 0.10.

SGX:1D4's Debt-to-Equity is ranked better than
80.4% of 546 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs SGX:1D4: 0.09

Aoxin Q & M Dental Group Debt-to-Equity Historical Data

The historical data trend for Aoxin Q & M Dental 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.

* Premium members only.

Aoxin Q & M Dental Group Debt-to-Equity Chart

Aoxin Q & M Dental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.18

0.10

0.09

Aoxin Q & M Dental Group Semi-Annual Data
	Dec13	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														0.10	0.09	0.10	0.09	0.09

Competitive Comparison of Aoxin Q & M Dental Group's Debt-to-Equity

For the Medical Care Facilities subindustry, Aoxin Q & M Dental 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.

Aoxin Q & M Dental Group's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aoxin Q & M Dental Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aoxin Q & M Dental Group's Debt-to-Equity falls into.

Aoxin Q & M Dental Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aoxin Q & M Dental 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
	=	(1.31	+	3.266)	/	49.817
	=	0.09

Aoxin Q & M Dental 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
	=	(1.31	+	3.266)	/	49.817
	=	0.09

Aoxin Q & M Dental Group (SGX:1D4) 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.

Aoxin Q & M Dental Group Debt-to-Equity Related Terms

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Aoxin Q & M Dental Group (SGX:1D4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aoxin Q & M Dental Group Ltd (SGX:1D4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Robinson Road, No. 02-00, Singapore, SGP, 068898

Website

https://www.aoxinqm.com.sg

Aoxin Q & M Dental Group Ltd is a dental service provider. The company provides private dental services and dental equipment and supplies in the Liaoning Province, Northern PRC. Its services include Stomatology and general dentistry; Endodontics; Orthodontics, Periodontics, and Many more. The segments and the types of products and services are Primary Healthcare comprising Dentistry services, Distribution of Dental Equipment and Supplies, which includes the distribution of equipment and supplies used in the provision of dental services and Laboratory Services comprising the manufacturing of porcelain crown, bridges, and dentures.

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