Ludwig Enterprises (LUDG) Debt Ratio (2022 - 2026)
Ludwig Enterprises' (LUDG) Debt Ratio stood at 1.10 in Q1 2026, down 80.0% from 5.50 a year earlier and down 78.6% from the prior quarter.
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Analysis
Ludwig Enterprises (LUDG) Debt Ratio (2022 - 2026) Analysis & Trends
For FY2025, Ludwig Enterprises' Debt Ratio came in at 5.13, down 26.3% from FY2024.
- Across earlier years, Debt Ratio came in at 6.96 in FY2024 (-55.8%), 15.74 in FY2023 (+880.7%) and 1.60 in FY2022.
- The Q1 2026 figure is the lowest quarterly Debt Ratio in data going back to Q4 2022.
- On a year-over-year basis, Debt Ratio has declined for four consecutive quarters, with an average decline of 40.2% over the last seven quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 880.7% in Q4 2023, against a decline of 84.4% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.13 (Q4 2025), 4.85 (Q3 2025) and 3.16 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 0.79 |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 0.03 |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 0.33 |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 0.32 |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 0.43 |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 0.35 |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 0.37 |
| 10 | Ludwig Enterprises | 1.67 Mn | 1.67 Mn | - | 1.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.10 |
| Dec 31, 2025 | 5.13 |
| Sep 30, 2025 | 4.85 |
| Jun 30, 2025 | 3.16 |
| Mar 31, 2025 | 5.50 |
| Dec 31, 2024 | 6.96 |
| Sep 30, 2024 | 9.28 |
| Jun 30, 2024 | 5.16 |
| Mar 31, 2024 | 3.63 |
| Dec 31, 2023 | 15.74 |
| Sep 30, 2023 | 59.45 |
| Dec 31, 2022 | 1.60 |
API Access
Ludwig Enterprises Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=LUDG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LUDG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=LUDG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();