The Ensign Group Inc (ENSG)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands 141,585 145,497 149,269 152,883
Total stockholders’ equity US$ in thousands 1,837,110 1,491,860 1,247,330 1,020,770 818,077
Debt-to-capital ratio 0.07 0.09 0.11 0.13 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $141,585K ÷ ($141,585K + $1,837,110K)
= 0.07

The debt-to-capital ratio of The Ensign Group Inc has shown a decreasing trend over the past five years, starting at 0.00 as of December 31, 2020, and gradually declining to 0.07 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt relative to its total capital structure. A lower debt-to-capital ratio suggests a stronger financial position and lower financial risk for the company. The downward trend in this ratio reflects a positive development in the company's capital structure management, potentially improving its ability to weather economic downturns and pursue growth opportunities in the future.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
The Ensign Group Inc
ENSG
0.07
National HealthCare Corporation
NHC
0.00