Raffles Medical Group (SGX:BSL) Debt-to-Equity : 0.11 (As of Dec. 2023)

Raffles Medical Group Debt-to-Equity Chart

Raffles Medical Group Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity		Get a 7-Day Free Trial					0.24	0.23	0.21	0.10	0.11

Raffles Medical Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.21	0.19	0.10	0.09	0.11

Competitive Comparison of Raffles Medical Group's Debt-to-Equity

For the Medical Care Facilities subindustry, Raffles Medical 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.

Raffles Medical Group's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Raffles Medical Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raffles Medical Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Raffles Medical Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Raffles Medical Group  (SGX:BSL) 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.

Raffles Medical Group Debt-to-Equity Related Terms

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Raffles Medical Group (SGX:BSL) Business Description