Surgery Partners (FRA:1SP) Debt-to-Equity : 1.61 (As of Mar. 2024)

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What is Surgery Partners Debt-to-Equity?

Surgery Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €106 Mil. Surgery Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,801 Mil. Surgery Partners's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,810 Mil. Surgery Partners's debt to equity for the quarter that ended in Mar. 2024 was 1.61.

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

FRA:1SP' s Debt-to-Equity Range Over the Past 10 Years
Min: -325.54 Med: 2.93 Max: 300.48
Current: 1.61

During the past 12 years, the highest Debt-to-Equity Ratio of Surgery Partners was 300.48. The lowest was -325.54. And the median was 2.93.

FRA:1SP's Debt-to-Equity is ranked worse than
83.03% of 548 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs FRA:1SP: 1.61

Surgery Partners Debt-to-Equity Historical Data

The historical data trend for Surgery Partners'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.

Surgery Partners Debt-to-Equity Chart

Surgery Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.19

5.81

3.03

1.47

1.54

Surgery Partners Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.48	1.42	1.49	1.54	1.61

Competitive Comparison of Surgery Partners's Debt-to-Equity

For the Medical Care Facilities subindustry, Surgery Partners'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.

Surgery Partners's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Surgery Partners Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Surgery Partners'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
	=	(101.695	+	2705.792)	/	1822.262
	=	1.54

Surgery Partners's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(105.8	+	2800.756)	/	1809.916
	=	1.61

Surgery Partners (FRA:1SP) 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.

Surgery Partners Debt-to-Equity Related Terms

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Surgery Partners (FRA:1SP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Surgery Partners Inc (FRA:1SP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SGRY:USA

Address

340 Seven Springs Way, Suite 600, Brentwood, TN, USA, 37027

Website

https://www.surgerypartners.com

Surgery Partners Inc is one of the few remaining independent ambulatory surgery center operators in the U.S. with national scale. The firm operates surgical facilities in approximately 30 states in partnership with physician groups and larger local healthcare systems. While surgical procedures drive a majority of the firm's revenue, the company also operates a clinical lab, urgent care facilities, and a handful of physician practices to provide additional healthcare services within the communities it serves. It operates in two segments: Surgical Facility Services and Ancillary Services out of which the Surgical Facility Services segment accounts for the majority of revenue.

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