Zhongchao (ZCMD) Debt Ratio (2018 - 2024)

Zhongchao (ZCMD) posted quarterly Debt Ratio of 0.02 for Q4 2024, down 19.18% year-on-year from 0.02 in Q1 2024, and down 19.18% on a QoQ basis from 0.02 in Q4 2023.

Zhongchao (ZCMD) Debt Ratio (2018 - 2024) Analysis & Trends

Zhongchao (ZCMD) has reported Debt Ratio for 4 consecutive years, with 0.02 the latest figure, recorded in Q4 2024.

  • Quarterly Debt Ratio fell 19.18% year-over-year to 0.02 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.02 (down 19.18% YoY) and the FY2024 annual result came in at 0.02, down 19.18% from the prior year.
  • Debt Ratio eased to 0.02 in Q4 2024 per ZCMD's latest filing, from 0.02 in the prior quarter.
  • Over the last five years, Debt Ratio for ZCMD reached as high as 0.02 in Q4 2023 and fell as low as 0.02 in Q4 2024.
  • A 3-year average of 0.02 and a median of 0.02 in 2022 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio grew 17.04% — and 2024, when it decreased 19.18%.
  • Year by year, Debt Ratio stood at 0.02 in 2022, then grew by 17.04% to 0.02 in 2023, then retreated by 19.18% to 0.02 in 2024.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.02, and 0.02 for Q4 2024, Q4 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 31.81 Bn 24.50 Bn 662.02 Mn -
2 BrightSpring Health Services 14.59 Bn 13.69 Bn 482.22 Mn 0.40
3 Healthequity 8.32 Bn 8.05 Bn 256.31 Mn 0.29
4 Hinge Health 5.97 Bn 5.65 Bn 154.23 Mn -
5 10x Genomics 5.78 Bn 5.24 Bn 106.18 Mn -
6 MiniMed 4.53 Bn 4.23 Bn 480.00 Mn -
7 Waystar Holding 4.49 Bn 4.42 Bn 216.84 Mn 0.25
8 Doximity 3.99 Bn 3.24 Bn 125.97 Mn -
9 Privia Health 3.18 Bn 2.76 Bn - -
10 Zhongchao 44,316.71 -19.80 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.02
Dec 31, 2023 0.02
Dec 31, 2022 0.02
Dec 31, 2018 0.05