Mednax Inc (MD)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $764,938K
= 0.00
The debt-to-equity ratio of Mednax Inc has consistently remained at 0.00 from March 2020 to December 2024, indicating that the company has not used any debt to finance its operations during this period. A debt-to-equity ratio of 0.00 suggests that the company relies solely on equity financing, which can be viewed positively as it indicates lower financial risk and a strong financial position. It also implies that Mednax Inc may not have taken on any debt to fund its growth or operations, which could be advantageous in terms of financial stability and flexibility.
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