Fortrea Holdings Inc. (FTRE)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|
| Long-term debt | US$ in thousands | 1,049,700 | 1,565,900 |
| Total assets | US$ in thousands | 3,579,200 | 4,332,600 |
| Debt-to-assets ratio | 0.29 | 0.36 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,049,700K ÷ $3,579,200K
= 0.29
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Fortrea Holdings Inc.
FTRE
0.29
Fulgent Genetics Inc
FLGT
0.00
Laboratory Corporation of America Holdings
LH
0.29
Quest Diagnostics Incorporated
DGX
0.31
RadNet Inc
RDNT
0.30