Healthcare Services Group (Healthcare Services Group) Debt-to-EBITDA

: 0.25 (As of Dec. 2023)

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Debt-to-EBITDA measures a company's ability to pay off its debt.

Healthcare Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25 Mil. Healthcare Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11 Mil. Healthcare Services Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $148 Mil. Healthcare Services Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.25.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

HCSG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08 Med: 0.25 Max: 0.53
Current: 0.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Healthcare Services Group was 0.53. The lowest was 0.08. And the median was 0.25.

HCSG's Debt-to-EBITDA is ranked better than
81.15% of 419 companies
in the Healthcare Providers & Services industry
Industry Median: 2.57 vs HCSG: 0.48

Healthcare Services Group Debt-to-EBITDA Historical Data

The historical data trend for Healthcare Services Group's Debt-to-EBITDA 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.

Healthcare Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.21

0.08

0.14

0.53

0.48

Healthcare Services Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.34	0.47	0.76	-9.03	0.25

Competitive Comparison

For the Medical Care Facilities subindustry, Healthcare Services Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Healthcare Services Group Debt-to-EBITDA Distribution

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

* The bar in red indicates where Healthcare Services Group's Debt-to-EBITDA falls into.

Healthcare Services Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Healthcare Services Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(25	+	11.235)	/	75.256
	=	0.48

Healthcare Services Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(25	+	11.235)	/	147.512
	=	0.25

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

Healthcare Services Group (NAS:HCSG) Debt-to-EBITDA Explanation

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Healthcare Services Group Debt-to-EBITDA Related Terms

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

Healthcare Services Group (Healthcare Services Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healthcare Services Group Inc (NAS:HCSG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020

Website

https://www.hcsg.com

Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.

Executives

Kurt Jr Simmons	director	3220 TILLMAN DRIVE, BENSALEM PA 19020
Andrew M Brophy	officer: Acting Accounting Officer	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Briggs	director	3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Patrick J Orr	officer: EVP & Chief Revenue Officer	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Andrew Kush	officer: Executive Vice President	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Dino D Ottaviano	director	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Michael E Mcbryan	director, officer: Executive Vice President	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Robert L Frome	director	3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Laura K Grant	director	3220 TILLMAN, DRIVE, BENSALEM PA 19020
Robert J Moss	director	3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Daniela Castagnino	director	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Diane S Casey	director	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Christopher Shea	officer: Chief Financial Officer	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
David Hurlock	officer: Executive Vice President & COO	3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Daniel P Mccartney	director, officer: Chief Executive Officer	3220 TILLMAN DR, SUITE 300, BENSALEM PA 19020