Signify Health (Signify Health) Debt-to-Equity : 0.58 (As of Dec. 2022)

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What is Signify Health Debt-to-Equity?

Signify Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $3.5 Mil. Signify Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $358.6 Mil. Signify Health's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $627.4 Mil. Signify Health's debt to equity for the quarter that ended in Dec. 2022 was 0.58.

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

SGFY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.45 Max: 0.88
Current: 0.58

During the past 5 years, the highest Debt-to-Equity Ratio of Signify Health was 0.88. The lowest was 0.28. And the median was 0.45.

SGFY's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.49 vs SGFY: 0.58

Signify Health Debt-to-Equity Historical Data

The historical data trend for Signify Health'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.

Signify Health Debt-to-Equity Chart

Signify Health Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.88

0.28

0.45

0.30

0.58

Signify Health Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial										0.30	0.31	0.45	0.55	0.58

Competitive Comparison of Signify Health's Debt-to-Equity

For the Health Information Services subindustry, Signify Health'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.

Signify Health's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Signify Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Signify Health's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3.5	+	358.6)	/	627.4
	=	0.58

Signify Health's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(3.5	+	358.6)	/	627.4
	=	0.58

Signify Health (NYSE:SGFY) 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.

Signify Health Debt-to-Equity Related Terms

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

Signify Health (Signify Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Signify Health Inc (NYSE:SGFY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 Connecticut Avenue, 3rd Floor, Norwalk, CT, USA, 06854

Website

http://www.signifyhealth.com

Signify Health Inc is a healthcare technology company that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. The customers include health plans, governments, employers, health systems and physician groups. Its operating segment includes Home and Community Services and Episodes of Care Services. The company generates maximum revenue from the Home and Community Services segment.

Executives

David Pierre	officer: Chief Operating Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Paymon Farazi	officer: Chief Product Officer	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Tim Gronniger	officer: Ch. Value-Based Sols. Off	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Vivian E. Riefberg	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Adam Mcananey	officer: General Counsel and Secretary	800 CONNECTICUT AVENUE, NORWALK CT 06854
Marc D Rothman	officer: Chief Medical Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kyle B. Peterson	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Taj J. Clayton	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Josh Builder	officer: Chief Technology Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Heather Brianne Dixon	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Steve Senneff	officer: Pres. Chief Fin. & Admin. Off.	C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346
Bradford Kyle Armbrester	director, officer: Chief Executive Officer	311 ARSENAL STREET, WATERTOWN MA 02472
Albert A Notini	director	C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Kevin M Mcnamara	director	2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Matthew S. Holt	director	C/O NEW MOUNTAIN CAPITAL, LLC, 787 SEVENTH AVENUE, 49TH FLOOR, NEW YORK NY 10019