Healthcare Services (HCSG) Debt to Equity (2017 - 2024)
Healthcare Services (HCSG) posted quarterly Debt to Equity of $0.05 for Q3 2024, down 50.79% YoY from $0.1 in Q4 2023, and down 19.62% sequentially from $0.06 in Q2 2024.
Healthcare Services (HCSG) Debt to Equity (2017 - 2024) Analysis & Trends
Healthcare Services has disclosed Debt to Equity across 7 years of filings, most recently posting $0.05 for Q3 2024.
- In Q3 2024, Debt to Equity fell 50.79% year-over-year to $0.05; the TTM figure through Sep 2024 stood at $0.05 (down 50.79% YoY), while the FY2023 annual figure was $0.05, down 8.4% from the prior year.
- Debt to Equity slipped to $0.05 in Q3 2024, from $0.06 in the prior quarter.
- Over the last five years, Debt to Equity for HCSG reached as high as $0.11 in Q1 2020 and fell as low as $0.02 in Q1 2022.
- The 4-year median for Debt to Equity is $0.06 (2024), against an average of $0.07.
- Annual changes were most pronounced in 2023 — Debt to Equity surged 296.83% — and 2024, when it slumped 50.79%.
- A 4-year view of Debt to Equity shows it stood at $0.11 in 2020, then slumped by 47.62% to $0.06 in 2022, then slipped by 8.4% to $0.05 in 2023, then fell by 6.57% to $0.05 in 2024.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.05, $0.06, and $0.08 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -16.13 |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 0.11 |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 2.74 |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | -22.31 |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 0.78 |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 0.06 |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 0.63 |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 0.05 |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 1.46 |
| 10 | Healthcare Services | 1.75 Bn | 1.58 Bn | 75.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Mar 31, 2020 | 0.11 |
| Dec 31, 2019 | 0.02 |
| Sep 30, 2019 | 0.02 |
| Jun 30, 2019 | 0.07 |
| Mar 31, 2019 | 0.07 |
| Dec 31, 2018 | 0.07 |
| Sep 30, 2018 | 0.02 |
| Jun 30, 2018 | 0.10 |
| Mar 31, 2018 | 0.07 |