Healthcare Services (HCSG) Debt Ratio (2017 - 2024)

Healthcare Services has disclosed Debt Ratio across 7 years of filings, most recently posting 0.03 for 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 declined to 0.03 in Q3 2024, from 0.04 in the prior quarter.
• Over the last five years, Debt Ratio for HCSG reached as high as 0.07 in Q1 2020 and fell as low as 0.01 in Q1 2022.
• The 4-year median for Debt Ratio is 0.04 (2024), against an average of 0.04.
• Annual changes were most pronounced in 2023 — Debt Ratio jumped 288.61% — and 2024, when it plunged 48.24%.
• A 4-year view of Debt Ratio shows it stood at 0.07 in 2020, then tumbled by 49.22% to 0.03 in 2022, then retreated by 8.83% to 0.03 in 2023, then slipped by 1.88% to 0.03 in 2024.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.03, 0.04, and 0.05 for Q3 2024, Q2 2024, and Q1 2024 respectively.