DaVita HealthCare Partners Inc (DVA)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 121,122 | 386,715 | 632,900 | 925,997 | 1,056,100 | 1,199,200 | 1,017,440 | 825,470 | 712,326 | 532,672 | 604,784 | 843,771 | 755,508 | 1,149,440 | 1,277,780 | 1,248,110 | 1,383,570 | 1,574,760 | 2,153,920 | 1,947,850 |
| Debt-to-capital 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, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $121,122K)
= 0.00
The debt-to-capital ratio of DaVita HealthCare Partners Inc has consistently remained at 0.00 across multiple quarters from March 31, 2020, to December 31, 2024. This indicates that the company's debt level relative to its capital structure has been very low or negligible during this period. A debt-to-capital ratio of 0.00 suggests that the company has either no debt or a minimal amount of debt compared to its total capital, which typically includes both debt and equity.
Having a low debt-to-capital ratio can be viewed positively as it implies a lower financial risk for the company since it is not heavily reliant on debt financing. It also indicates a strong financial position and stability, as the company may have less interest expense and debt repayment obligations to manage.
However, it is essential to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to get a comprehensive understanding of DaVita HealthCare Partners Inc's overall financial health and performance.
Peer comparison
Dec 31, 2024