Mednax Inc (MD)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $764,938K
= 0.00
The debt-to-equity ratio for Mednax Inc has been consistently at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt in relation to its equity during these years. A debt-to-equity ratio of 0.00 implies that the company is financing its operations primarily through equity rather than debt. This can be seen as a positive sign, as a low or zero debt-to-equity ratio signifies lower financial risk and indicates a strong financial position.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Mednax Inc
MD
0.00
Encompass Health Corp
EHC
0.00
Select Medical Holdings
SEM
0.00