Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. HCA Healthcare's Total Liabilities for the quarter that ended in Dec. 2023 was $55,151 Mil. HCA Healthcare's Total Assets for the quarter that ended in Dec. 2023 was $56,211 Mil.
Therefore, HCA Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.98.
HCA Healthcare Liabilities-to-Assets Historical Data
The historical data trend for HCA Healthcare's Liabilities-to-Assets 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.
Competitive Comparison of HCA Healthcare's Liabilities-to-Assets
For the Medical Care Facilities subindustry, HCA Healthcare's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where HCA Healthcare's Liabilities-to-Assets falls into.
HCA Healthcare Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
HCA Healthcare's Liabilities-to-Assets Ratio for the fiscal year 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.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
HCA Healthcare Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of HCA Healthcare's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
HCA Healthcare (HCA Healthcare) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HCA has been successfully added to your 