DaVita HealthCare Partners Inc (DVA)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 16,893,600 | 16,928,700 | 16,958,800 | 16,727,800 | 16,928,300 | 16,961,800 | 17,100,600 | 17,087,000 | 17,121,500 | 17,633,900 | 17,810,300 | 17,647,300 | 16,988,500 | 17,046,700 | 19,305,100 | 17,596,300 | 17,311,400 | 17,451,800 | 19,931,000 | 22,605,900 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $16,893,600K
= 0.00
The debt-to-assets ratio of DaVita Inc has shown a relatively stable trend over the past eight quarters. The ratio has been fluctuating between 0.58 and 0.62, indicating that the company's level of debt relative to its total assets has remained fairly consistent during this period.
A ratio of around 0.60 suggests that DaVita Inc finances approximately 60% of its assets through debt. This indicates a moderate level of leverage, where the company relies significantly on debt financing to support its operations and growth initiatives.
Despite some minor fluctuations in the ratio, the overall trend suggests that DaVita Inc has maintained a balanced approach to its capital structure management. Investors and creditors may view this stable debt-to-assets ratio positively, as it indicates a consistent and sustainable level of debt relative to the company's asset base.
Peer comparison
Dec 31, 2023