DaVita HealthCare Partners Inc (DVA)

Debt-to-equity 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 stockholders’ equity US$ in thousands 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 2,133,410 2,318,580 4,049,300 3,875,350
Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,056,100K
= 0.00

The debt-to-equity ratio of DaVita Inc has shown fluctuations over the past eight quarters. In Q4 2023, the ratio stood at 9.37, indicating that the company's level of debt relative to its shareholders' equity decreased compared to the previous quarter. This trend follows a general decline from the peak ratio of 19.62 in Q3 2022. Despite the recent improvements, the ratio remains elevated compared to the ratios in early 2022, suggesting that DaVita Inc continues to carry a significant amount of debt relative to its equity. Investors and stakeholders may want to monitor this ratio closely to assess the company's financial leverage and risk profile.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-equity ratio
DaVita HealthCare Partners Inc
DVA
0.00
Progyny Inc
PGNY
0.00
Sotera Health Co
SHC
5.01