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

: 0.05 (As of Mar. 2022)
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Healthcare Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $10 Mil. Healthcare Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $11 Mil. Healthcare Services Group's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $447 Mil. Healthcare Services Group's debt to equity for the quarter that ended in Mar. 2022 was 0.05.

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

HCSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.31
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Healthcare Services Group was 0.31. The lowest was 0.01. And the median was 0.05.

HCSG's Debt-to-Equity is ranked better than
87.2% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.44 vs HCSG: 0.05

Healthcare Services Group Debt-to-Equity Historical Data

The historical data trend for Healthcare Services 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.

Healthcare Services Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.07 0.05 0.02 0.03

Healthcare Services Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.03 0.03 0.05

Competitive Comparison

For the Medical Care Facilities subindustry, Healthcare Services 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.

   

Healthcare Services Group Debt-to-Equity Distribution

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

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



Healthcare Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthcare Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Healthcare Services Group's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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.


Healthcare Services Group  (NAS:HCSG) 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.


Healthcare Services Group Debt-to-Equity Related Terms

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


Healthcare Services Group Business Description

Healthcare Services Group logo
Industry
Traded in Other Exchanges
Address
3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020
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, and bed linen and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are primarily nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
Executives
Grant Laura K director 3220 TILLMAN DRIVE BENSALEM PA 19020
Wahl Theodore director, officer: President & CEO 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Frome Robert L director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Moss Robert J director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Briggs John director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Ottaviano Dino D director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Casey Diane S director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Mcfadden John J Jr director 19 PURDUE DRIVE RICHBORO PA 18954
Visconto Jude director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Castagnino Daniela director 3220 TILLMAN DRIVE, SUITE 300 BENSALEM PA 19020
Bundick Jason J officer: General Counsel & Secretary 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Kush Andrew officer: Executive Vice President 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Mcbryan Michael E officer: Executive Vice President 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Shea John Christopher officer: Chief Financial Officer 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Hurlock David officer: Executive Vice President & COO 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020

Healthcare Services Group Headlines

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