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ZimVie Debt-to-Equity

: 0.79 (As of Jun. 2022)
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ZimVie's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $26.6 Mil. ZimVie's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $577.7 Mil. ZimVie's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $764.6 Mil. ZimVie's debt to equity for the quarter that ended in Jun. 2022 was 0.79.

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

ZIMV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.79
Current: 0.79

During the past 4 years, the highest Debt-to-Equity Ratio of ZimVie was 0.79. The lowest was 0.04. And the median was 0.06.

ZIMV's Debt-to-Equity is ranked worse than
83.21% of 685 companies
in the Medical Devices & Instruments industry
Industry Median: 0.19 vs ZIMV: 0.79

ZimVie Debt-to-Equity Historical Data

The historical data trend for ZimVie'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.

ZimVie Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
N/A 0.05 0.06 0.04

ZimVie Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.07 0.04 0.75 0.79

Competitive Comparison

For the Medical Devices subindustry, ZimVie'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.

   

ZimVie Debt-to-Equity Distribution

For the Medical Devices & Instruments industry and Healthcare sector, ZimVie's Debt-to-Equity distribution charts can be found below:

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



ZimVie Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ZimVie's Debt to Equity Ratio for the quarter that ended in Jun. 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.


ZimVie  (NAS:ZIMV) 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.


ZimVie Debt-to-Equity Related Terms

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


ZimVie Business Description

ZimVie logo
Traded in Other Exchanges
Address
345 East Main Street, Warsaw, IN, USA, 46580
ZimVie Inc is focused on the dental and spine markets and their respective growth drivers such as implants, surgical tools, bone graft substitutes, spinal fusion implants, non-fusion alternatives, and digital care management solutions.
Executives
Crawford Sally director C/O HOLOGIC, INC. BEDFORD MA 01730
Kuntz Richard director MEDTRONIC, INC. 710 MEDTRONIC PWKY MS LC 310 MINNEAPOLIS MN 55432
Asar Vinit K director 10910 DOMAIN DRIVE, SUITE 300 AUSTIN TX 78758
Matusinec Karen director C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
King David P director PRIVIA HEALTH GROUP, INC. 950 N. GLEBE RD., SUITE 700 ARLINGTON VA 22203
Zimmer Biomet Holdings, Inc. 10 percent owner 345 EAST MAIN STREET WARSAW IN 46580
Whitney Rebecca Ann officer: See Remarks 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Harmon David John officer: See Remarks 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Jamali Vafa director, officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Kanaglekar Indraneel officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Kidwell Heather officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Schneider Sandra officer: Chief Accounting Officer C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Heppenstall Richard officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
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