Zhongchao (ZCMD) Debt Ratio (2018 - 2024)
Zhongchao (ZCMD) posted quarterly Debt Ratio of 0.02 for Q4 2024, down 19.18% year-over-year from 0.02 in Q1 2024, and down 19.18% quarter-over-quarter 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.
- In Q4 2024, Debt Ratio fell 19.18% year-over-year to 0.02; the TTM figure through Dec 2024 stood at 0.02 (down 19.18% YoY), while the FY2024 annual figure was 0.02, down 19.18% from the prior year.
- Debt Ratio fell to 0.02 in Q4 2024 per ZCMD's latest filing, from 0.02 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.02 in Q4 2023 and bottomed at 0.02 in Q4 2024.
- Historically, Debt Ratio has averaged 0.02 across 3 years, with a median of 0.02 in 2022.
- Annual changes were most pronounced in 2023 — Debt Ratio advanced 17.04% — and 2024, when it fell 19.18%.
- Zhongchao's Debt Ratio stood at 0.02 in 2022, then gained by 17.04% to 0.02 in 2023, then dropped by 19.18% to 0.02 in 2024.
- Business Quant data shows ZCMD's Debt Ratio at 0.02 in Q4 2024, 0.02 in Q4 2023, and 0.02 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 0.37 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.29 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | - |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | - |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.25 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | - |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Zhongchao | 34,797.00 | -15.84 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Dec 31, 2018 | 0.05 |