Privia Health Group Inc (PRVA)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | 31,507 | 31,688 | 31,664 | 31,893 | 32,293 |
| Total stockholders’ equity | US$ in thousands | 561,437 | 544,681 | 525,232 | 513,276 | 499,094 | 470,186 | 445,155 | 435,042 | 426,872 | 410,600 | 393,300 | 152,247 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.08 | 0.08 | 0.21 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $561,437K
= 0.00
The debt-to-equity ratio for Privia Health Group Inc has consistently remained at 0.00 for the past eight quarters as per the data provided. This indicates that the company has not used any debt to finance its operations during this period and has relied solely on equity. However, in Q1 2022, there was a slight increase in the debt-to-equity ratio to 0.07, suggesting the company may have taken on some debt relative to its equity at that time. The trend of consistently low debt-to-equity ratios indicates a conservative financing approach by Privia Health Group Inc, which may imply lower financial risk and greater financial stability.
Peer comparison
Dec 31, 2023