Erika B-Cure Laser (XTAE:BCUR) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Erika B-Cure Laser Debt-to-Equity?

Erika B-Cure Laser's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2.35 Mil. Erika B-Cure Laser's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2.60 Mil. Erika B-Cure Laser's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪23.73 Mil. Erika B-Cure Laser's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Erika B-Cure Laser's Debt-to-Equity or its related term are showing as below:

XTAE:BCUR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.25 Max: 4.53
Current: 0.21

During the past 6 years, the highest Debt-to-Equity Ratio of Erika B-Cure Laser was 4.53. The lowest was 0.21. And the median was 0.25.

XTAE:BCUR's Debt-to-Equity is ranked better than
50.92% of 705 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XTAE:BCUR: 0.21

Erika B-Cure Laser Debt-to-Equity Historical Data

The historical data trend for Erika B-Cure Laser'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.

Erika B-Cure Laser Debt-to-Equity Chart

Erika B-Cure Laser Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.53

1.93

0.22

0.25

0.21

Erika B-Cure Laser Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.22	0.27	0.25	0.19	0.21

Competitive Comparison of Erika B-Cure Laser's Debt-to-Equity

For the Medical Devices subindustry, Erika B-Cure Laser'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.

Erika B-Cure Laser's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Erika B-Cure Laser's Debt-to-Equity falls into.

Erika B-Cure Laser Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Erika B-Cure Laser'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
	=	(2.353	+	2.597)	/	23.727
	=	0.21

Erika B-Cure Laser'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
	=	(2.353	+	2.597)	/	23.727
	=	0.21

Erika B-Cure Laser (XTAE:BCUR) 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.

Erika B-Cure Laser Debt-to-Equity Related Terms

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Erika B-Cure Laser (XTAE:BCUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Erika B-Cure Laser Ltd (XTAE:BCUR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nahum Hat 5, Entrance 2, Haifa, ISR, 3508504

Website

https://www.bcurelaser.com

Erika B-Cure Laser Ltd is engaged in the development and production of laser devices for the treatment of pain and wounds. Its devices provide treatment for Knee Pain, Lower Back Pain, Neck Pain, Shoulder Pain, Finger Joint pain, and Burns.

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