ARDT (Ardent Health Partners) Cash-to-Debt : 0.24 (As of Dec. 2024)

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What is Ardent Health Partners Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Ardent Health Partners's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.24.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Ardent Health Partners couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Ardent Health Partners's Cash-to-Debt or its related term are showing as below:

ARDT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.19 Max: 0.39
Current: 0.24

During the past 7 years, Ardent Health Partners's highest Cash to Debt Ratio was 0.39. The lowest was 0.05. And the median was 0.19.

ARDT's Cash-to-Debt is ranked worse than
73.2% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 0.77 vs ARDT: 0.24

Ardent Health Partners Cash-to-Debt Historical Data

The historical data trend for Ardent Health Partners's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Ardent Health Partners Cash-to-Debt Chart

Ardent Health Partners Annual Data

Trend

Dec16

Dec17

Dec18

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.05

N/A

0.19

0.18

0.24

Ardent Health Partners Quarterly Data
	Dec16	Dec17	Sep18	Dec18	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial								0.18	0.20	0.15	0.25	0.24

Competitive Comparison of Ardent Health Partners's Cash-to-Debt

For the Medical Care Facilities subindustry, Ardent Health Partners's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Ardent Health Partners's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ardent Health Partners's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ardent Health Partners's Cash-to-Debt falls into.

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Ardent Health Partners Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Ardent Health Partners's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	556.785	/	(55.615	+	2226.574)
	=	0.24

Ardent Health Partners's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	556.785	/	(55.615	+	2226.574)
	=	0.24

Ardent Health Partners (NYSE:ARDT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Ardent Health Partners Cash-to-Debt Related Terms

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Ardent Health Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ardent Health Partners Inc (NYSE:ARDT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

340 Seven Springs Way, Suite 100, Brentwood, TN, USA, 37027

Website

https://www.ardenthealth.com

Ardent Health Partners Inc is an operator of hospitals and a provider of healthcare services in the United States. It provides both general and specialty services, including internal medicine, general surgery, cardiology, oncology, orthopedics, women's services, neurology, urology, and emergency services, within inpatient and ambulatory care settings. The company has one reportable segment: healthcare services that provides healthcare services predominantly through its ownership and operation of hospitals, certain of which provide related healthcare services through physician practices, outpatient centers, and post-acute facilities. Ardent has 30 acute care hospitals, more than 200 sites of care that operate across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas.