Medpace Holdings (MEDP) Debt Ratio (2015 - 2023)
Medpace Holdings' (MEDP) quarterly Debt Ratio came in at 0.08 in Q2 2023, down 86.27% on a YoY basis from 0.57 in Q2 2022, and down 52.56% quarter-over-quarter from 0.16 in Q1 2023.
Analysis
Medpace Holdings (MEDP) Debt Ratio (2015 - 2023) Analysis & Trends
Medpace Holdings (MEDP) has reported Debt Ratio for 7 consecutive years, with 0.08 the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Debt Ratio fell 86.27% year-over-year to 0.08; the trailing twelve-month figure through Jun 2023 stood at 0.08 (down 86.27% YoY), and the FY2022 full-year result was 0.07, changed N/A from the prior year.
- Debt Ratio eased to 0.08 in Q2 2023 per MEDP's latest filing, from 0.16 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.57 in Q2 2022 and bottomed at 0.06 in Q1 2019.
- Historically, Debt Ratio has averaged 0.19 across 3 years, with a median of 0.12 in 2023.
- The sharpest annual moves came in 2019 and 2023: Debt Ratio plunged 72.71% in 2019, then sank 86.27% in 2023.
- Over 3 years, Debt Ratio stood at 0.06 in 2019, then jumped by 33.41% to 0.07 in 2022, then increased by 5.74% to 0.08 in 2023.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.08, 0.16, and 0.07 for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.72 Bn | 42.64 Bn | 1.44 Bn | 0.54 |
| 2 | Medpace Holdings | 17.37 Bn | 16.87 Bn | 201.64 Mn | - |
| 3 | Icon | 13.65 Bn | 12.72 Bn | 479.29 Mn | 0.21 |
| 4 | Charles River Laboratories International | 13.13 Bn | 12.94 Bn | 452.07 Mn | 0.35 |
| 5 | Fortrea Holdings | 1.89 Bn | 1.72 Bn | 139.20 Mn | 0.39 |
| 6 | Evotec SE | 574.75 Mn | 148.87 Mn | - | 0.30 |
| 7 | Ginkgo Bioworks Holdings | 439.63 Mn | 355.09 Mn | 18.44 Mn | - |
| 8 | Champions Oncology | 69.43 Mn | 65.03 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 51.76 Mn | 46.29 Mn | 1.61 Mn | - |
| 10 | VivoSim Labs | 1.37 Mn | 1.37 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2019 | 0.06 |
| Dec 31, 2018 | 0.08 |
| Sep 30, 2018 | 0.12 |
| Jun 30, 2018 | 0.17 |
| Mar 31, 2018 | 0.20 |
| Dec 31, 2017 | 0.23 |
| Sep 30, 2017 | 0.19 |
| Jun 30, 2017 | 0.16 |
| Mar 31, 2017 | 0.17 |
| Dec 31, 2016 | 0.17 |
| Sep 30, 2016 | 0.16 |
| Dec 31, 2015 | 0.38 |