Mednax Inc (MD)
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 | 764,938 | 732,492 | 706,461 | 856,196 | 849,061 | 967,985 | 942,375 | 909,771 | 891,632 | 858,667 | 845,430 | 877,076 | 896,692 | 845,466 | 808,906 | 766,759 | 747,717 | 804,761 | 826,570 | 1,487,400 |
| 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 + $764,938K)
= 0.00
The debt-to-capital ratio of Mednax Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a significant portion of its capital structure during this period. A low debt-to-capital ratio is generally considered favorable as it suggests that the company has a lower risk of financial distress due to excessive leverage. Mednax Inc's stable and low debt-to-capital ratio may indicate a conservative financial strategy focused on maintaining a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024