Medpace Holdings (MEDP) Debt Ratio (2015 - 2023)
Medpace Holdings (MEDP) reported Debt Ratio of 0.04 for Q2 2023, down 89.7% on a YoY basis from 0.38 in Q2 2022, and down 52.56% quarter-over-quarter from 0.08 in Q1 2023.
Medpace Holdings (MEDP) Debt Ratio (2015 - 2023) Analysis & Trends
Medpace Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.04 in Q2 2023.
- For the quarter ending Q2 2023, Debt Ratio fell 89.7% year-over-year to 0.04; the trailing twelve-month figure through Jun 2023 stood at 0.04 (down 89.7% YoY), and the FY2022 full-year result was 0.04, changed N/A from the prior year.
- Debt Ratio for Q2 2023 stood at 0.04, down from 0.08 in the prior quarter.
- The five-year high for Debt Ratio was 0.38 in Q2 2022, with the low at 0.04 in Q4 2022.
- Historically, Debt Ratio has averaged 0.12 across 3 years, with a median of 0.07 in 2023.
- Annual changes were most pronounced in 2019 — Debt Ratio tumbled 72.71% — and 2023, when it sank 89.7%.
- Medpace Holdings' Debt Ratio stood at 0.06 in 2019, then sank by 33.29% to 0.04 in 2022, then climbed by 5.74% to 0.04 in 2023.
- The last three Debt Ratio figures came in at 0.04 (Q2 2023), 0.08 (Q1 2023), and 0.04 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 0.20 |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 0.38 |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 0.22 |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 0.25 |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 0.02 |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 0.53 |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 0.01 |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 0.23 |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 0.61 |
| 10 | Medpace Holdings | 13.03 Bn | 12.38 Bn | 196.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.38 |
| 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 |