GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Community Health Systems Inc (FRA:CG5) » Definitions » Debt-to-Asset

Community Health Systems (FRA:CG5) Debt-to-Asset : 0.85 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Community Health Systems Debt-to-Asset?

Community Health Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €137 Mil. Community Health Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €11,113 Mil. Community Health Systems's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €13,264 Mil. Community Health Systems's debt to asset for the quarter that ended in Mar. 2024 was 0.85.


Community Health Systems Debt-to-Asset Historical Data

The historical data trend for Community Health Systems's Debt-to-Asset 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.

Community Health Systems Debt-to-Asset Chart

Community Health Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.81 0.84 0.85 0.84

Community Health Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset 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 0.85 0.85 0.85 0.84 0.85

Competitive Comparison of Community Health Systems's Debt-to-Asset

For the Medical Care Facilities subindustry, Community Health Systems's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Community Health Systems's Debt-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Community Health Systems's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Community Health Systems's Debt-to-Asset falls into.



Community Health Systems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Community Health Systems's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(132.965 + 11030.593) / 13255.235
=0.84

Community Health Systems's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(137.08 + 11112.68) / 13263.64
=0.85

* 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.


Community Health Systems  (FRA:CG5) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Community Health Systems Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Community Health Systems's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Community Health Systems (FRA:CG5) Business Description

Traded in Other Exchanges
Address
4000 Meridian Boulevard, Franklin, TN, USA, 37067
Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.

Community Health Systems (FRA:CG5) Headlines

No Headlines