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| Date | Value |
|---|---|
| Dec 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Dec 31, 2018 | 0.05 |