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HCA Healthcare (HCA Healthcare) Debt-to-Equity : -23.60 (As of Dec. 2023)


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What is HCA Healthcare Debt-to-Equity?

HCA Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,787 Mil. HCA Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $39,072 Mil. HCA Healthcare's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1,774 Mil. HCA Healthcare's debt to equity for the quarter that ended in Dec. 2023 was -23.60.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for HCA Healthcare's Debt-to-Equity or its related term are showing as below:

HCA' s Debt-to-Equity Range Over the Past 10 Years
Min: -39.36   Med: -5.74   Max: 57.79
Current: -23.6

During the past 13 years, the highest Debt-to-Equity Ratio of HCA Healthcare was 57.79. The lowest was -39.36. And the median was -5.74.

HCA's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.46 vs HCA: -23.60

HCA Healthcare Debt-to-Equity Historical Data

The historical data trend for HCA Healthcare's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HCA Healthcare Debt-to-Equity Chart

HCA Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.67 57.79 -39.36 -14.53 -23.60

HCA Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.53 -16.26 -17.69 -16.60 -23.60

Competitive Comparison of HCA Healthcare's Debt-to-Equity

For the Medical Care Facilities subindustry, HCA Healthcare's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HCA Healthcare's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HCA Healthcare's Debt-to-Equity falls into.



HCA Healthcare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HCA Healthcare's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

HCA Healthcare's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HCA Healthcare  (NYSE:HCA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


HCA Healthcare Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of HCA Healthcare's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


HCA Healthcare (HCA Healthcare) Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.
Executives
Kathryn A. Torres officer: SVP- Employer&Payer Engagement ONE PARK PLAZA, NASHVILLE TN 37203
Jeffrey E. Cohen officer: SVP-Government Relations ONE PARK PLAZA, NASHVILLE TN 37203
Kathleen M Whalen officer: SVP & Chief Ethics Officer ONE PARK PLAZA, NASHVILLE TN 37203
Michael S. Cuffe officer: President-Physician Services ONE PARK PLAZA, NASHVILLE TN 37203
Erol R Akdamar officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
P. Martin Paslick officer: SVP and CIO ONE PARK PLAZA, NASHVILLE TN 37203
Jennifer Berres officer: SVP & Chief Human Res. Officer ONE PARK PLAZA, NASHVILLE TN 37203
Bill B Rutherford officer: CFO - Eastern Group ONE PARK PLAZA, NASHVILLE TN 37203
Deborah M Reiner officer: SVP - Mktg. & Communications ONE PARK PLAZA, NASHVILLE TN 37048
Jon M Foster officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Christopher F. Wyatt officer: SVP & Controller ONE PARK PLAZA, NASHVILLE TN 37203
Timothy M Mcmanus officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Richard A Hammett officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Mike A Marks officer: SVP-Finance ONE PARK PLAZA, NASHVILLE TN 37203
Moore A Bruce Jr officer: SVP-Operations Administration ONE PARK PLAZA, NASHVILLE TN 37203