Select Medical Holdings (SEM)
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 | 1,681,360 | 1,288,300 | 1,317,530 | 1,325,900 | 1,060,480 |
| 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 + $1,681,360K)
= 0.00
The debt-to-capital ratio of Select Medical Holdings has consistently been zero from December 31, 2020, to December 31, 2024. This indicates that the company has not employed any debt financing to fund its operations or investments during this period. A debt-to-capital ratio of zero suggests that the company's capital structure is primarily equity-based, which can be perceived positively by investors and creditors as it implies lower financial risk and indicates a strong financial position with minimal reliance on debt to support its activities.
Peer comparison
Dec 31, 2024