Healthcare Services (HCSG) Debt Ratio (2017 - 2024)
Healthcare Services (HCSG) posted quarterly Debt Ratio of 0.03 for Q3 2024, down 48.24% year-over-year from 0.06 in Q4 2023, and down 17.3% quarter-over-quarter from 0.04 in Q2 2024.
Healthcare Services (HCSG) Debt Ratio (2017 - 2024) Analysis & Trends
Healthcare Services (HCSG) has reported Debt Ratio for 7 consecutive years, with 0.03 the latest figure, recorded in Q3 2024.
- In Q3 2024, Debt Ratio fell 48.24% year-over-year to 0.03; the TTM figure through Sep 2024 stood at 0.03 (down 48.24% YoY), while the FY2023 annual figure was 0.03, down 8.83% from the prior year.
- Debt Ratio fell to 0.03 in Q3 2024 per HCSG's latest filing, from 0.04 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.07 in Q1 2020 and bottomed at 0.01 in Q1 2022.
- Historically, Debt Ratio has averaged 0.04 across 4 years, with a median of 0.04 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio jumped 288.61% — and 2024, when it slumped 48.24%.
- Healthcare Services' Debt Ratio stood at 0.07 in 2020, then slumped by 49.22% to 0.03 in 2022, then decreased by 8.83% to 0.03 in 2023, then dropped by 1.88% to 0.03 in 2024.
- Business Quant data shows HCSG's Debt Ratio at 0.03 in Q3 2024, 0.04 in Q2 2024, and 0.05 in Q1 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 0.82 |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 0.43 |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 0.35 |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 0.61 |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 0.02 |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 0.36 |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 0.04 |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 0.09 |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 0.52 |
| 10 | Healthcare Services | 1.47 Bn | 1.30 Bn | 74.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Mar 31, 2020 | 0.07 |
| Dec 31, 2019 | 0.01 |
| Sep 30, 2019 | 0.01 |
| Jun 30, 2019 | 0.04 |
| Mar 31, 2019 | 0.04 |
| Dec 31, 2018 | 0.04 |
| Sep 30, 2018 | 0.01 |
| Jun 30, 2018 | 0.06 |
| Mar 31, 2018 | 0.04 |