Ensign Group (Ensign Group) Debt-to-Equity : 1.25 (As of Dec. 2023)

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What is Ensign Group Debt-to-Equity?

Ensign Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $86 Mil. Ensign Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,785 Mil. Ensign Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,492 Mil. Ensign Group's debt to equity for the quarter that ended in Dec. 2023 was 1.25.

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 Ensign Group's Debt-to-Equity or its related term are showing as below:

ENSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.94 Max: 2.06
Current: 1.25

During the past 13 years, the highest Debt-to-Equity Ratio of Ensign Group was 2.06. The lowest was 0.23. And the median was 0.94.

ENSG's Debt-to-Equity is ranked worse than
77.15% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs ENSG: 1.25

Ensign Group Debt-to-Equity Historical Data

The historical data trend for Ensign Group'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.

Ensign Group Debt-to-Equity Chart

Ensign Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.06

1.36

1.24

1.26

1.25

Ensign 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-Equity	Get a 7-Day Free Trial															1.26	1.45	1.36	1.29	1.25

Competitive Comparison of Ensign Group's Debt-to-Equity

For the Medical Care Facilities subindustry, Ensign Group'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.

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

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

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

Ensign Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(86.476	+	1784.823)	/	1491.865
	=	1.25

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(86.476	+	1784.823)	/	1491.865
	=	1.25

Ensign Group (NAS:ENSG) 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.

Ensign Group Debt-to-Equity Related Terms

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

Ensign Group (Ensign Group) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

EGB:Germany

Address

29222 Rancho Viejo Road, Suite 127, San Juan Capistrano, CA, USA, 92675

Website

https://www.ensigngroup.net

Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The real estate segment comprises of properties owned by the company and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the services segment.

Executives

Daren Shaw	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Spencer Burton	officer: President and COO	29222 RANCHO VIEJO ROAD, SUITE 127, SAN JUAN CAPISTRANO CA 92675
Ann Scott Blouin	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Chad Keetch	officer: Executive Vice President	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen	director, 10 percent owner, officer: President & CEO	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Suzanne D. Snapper	officer: CFO	27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
John O Agwunobi	director	4800 NORTH SCOTTSDALE ROAD, SCOTTSDALE AZ 85251
Lee A Daniels	director	5152 N. EDGEWOOD DRIVE, SUITE 375, PROVO UT 84604
Beverly B. Wittekind	officer: VP & General Counsel	27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
Barry Port	officer: President of a subsidiary	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
John G. Nackel	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Swati Bargotra Abbott	director	4800 NORTH SCOTTSDALE ROAD, SUITE 4400, SCOTTSDALE AZ 85251
Antoinette T. Hubenette	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Malene Davis	director	50 F. STREET, NW, SUITE 3300, WASHINGTON DC 92691
Roy E Christensen	director, 10 percent owner, officer: Chairman of the Board	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691