Mednax Inc (MD)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 764,938 | 849,061 | 891,632 | 896,692 | 747,717 |
| Debt-to-capital ratio | 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 + $764,938K)
= 0.00
Based on the provided data, the debt-to-capital ratio of Mednax Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments, and its capital structure is entirely reliant on equity. A debt-to-capital ratio of 0.00 implies that the company is not exposed to financial risk associated with debt obligations and is operating with a relatively low leverage level. This could suggest a conservative financial strategy focused on maintaining a strong and stable capital base.
Peer comparison
Dec 31, 2024