Healthcare Services Group Inc (HCSG)
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 | 499,927 | 488,748 | 471,423 | 474,581 | 456,616 | 441,733 | 450,589 | 440,572 | 426,172 | 422,076 | 437,845 | 446,637 | 452,677 | 480,205 | 488,304 | 493,102 | 480,461 | 464,750 | 449,687 | 438,179 |
| 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 + $499,927K)
= 0.00
The debt-to-capital ratio of Healthcare Services Group Inc has consistently remained at 0.00 over the past several quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily composed of equity rather than debt. This may suggest that Healthcare Services Group Inc has been relying on internal funding or equity financing for its operations and growth initiatives, rather than taking on external debt. Overall, a consistent debt-to-capital ratio of 0.00 reflects a low-risk financial position in terms of leverage and debt obligations for the company.