Fortrea Holdings Inc. (FTRE)
Debt-to-equity ratio
| Dec 31, 2023 | ||
|---|---|---|
| Long-term debt | US$ in thousands | 1,565,900 |
| Total stockholders’ equity | US$ in thousands | 1,738,800 |
| Debt-to-equity ratio | 0.90 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,565,900K ÷ $1,738,800K
= 0.90
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-equity ratio
Fortrea Holdings Inc.
FTRE
0.90
Fulgent Genetics Inc
FLGT
0.00
Laboratory Corporation of America Holdings
LH
0.51
Quest Diagnostics Incorporated
DGX
0.70
RadNet Inc
RDNT
1.29