MSPR (MSP Recovery) Debt-to-Equity : 2.54 (As of Sep. 2024)

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What is MSP Recovery Debt-to-Equity?

MSP Recovery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $43.27 Mil. MSP Recovery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $718.98 Mil. MSP Recovery's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $300.35 Mil. MSP Recovery's debt to equity for the quarter that ended in Sep. 2024 was 2.54.

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

MSPR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.69 Med: 2.52 Max: 5
Current: 2.54

During the past 4 years, the highest Debt-to-Equity Ratio of MSP Recovery was 5.00. The lowest was -0.69. And the median was 2.52.

MSPR's Debt-to-Equity is ranked worse than
92.49% of 559 companies
in the Healthcare Providers & Services industry
Industry Median: 0.44 vs MSPR: 2.54

MSP Recovery Debt-to-Equity Historical Data

The historical data trend for MSP Recovery'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.

MSP Recovery Debt-to-Equity Chart

MSP Recovery Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.20

-0.69

2.96

2.49

MSP Recovery Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial										2.26	2.49	2.69	2.81	2.54

Competitive Comparison of MSP Recovery's Debt-to-Equity

For the Health Information Services subindustry, MSP Recovery'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.

MSP Recovery's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

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MSP Recovery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MSP Recovery'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
	=	(0	+	679.22)	/	272.39
	=	2.49

MSP Recovery's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(43.267	+	718.979)	/	300.347
	=	2.54

MSP Recovery (NAS:MSPR) 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.

MSP Recovery Debt-to-Equity Related Terms

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

MSP Recovery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MSP Recovery Inc (NAS:MSPR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701 South Le Jeune Road, 10th Floor, Coral Gables, FL, USA, 33134

Website

https://www.msprecovery.com

MSP Recovery Inc is a healthcare recovery and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.

Executives

John Hasan Ruiz	director, 10 percent owner, officer: Chief Executive Officer	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Cano Health, Inc.	10 percent owner	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Frank Carlos Quesada	director, 10 percent owner, officer: See Remarks	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Ricardo Rivera	officer: See Remarks	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Nomura Securities International Inc	10 percent owner	WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Calvin Hamstra	officer: Chief Financial Officer	2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Alexandra Marie Plasencia	officer: General Counsel	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Thomas W Hawkins	director	GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526
Ophir Sternberg	director, 10 percent owner	C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
Michael Frederick Arrigo	director	2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Nomura Holdings Inc	10 percent owner	1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Oliver Spv Holdings Llc	10 percent owner	822 OLIVER ST., WOODMERE NY 11598
Boris Hirmas	10 percent owner	4128 NE 2ND AVENUE, MIAMI FL 33137
Jls Equities Llc	10 percent owner	58 LARCH HILL ROAD, LAWRENCE NY 11559
Jessica Wasserstrom	10 percent owner	4128 NE 2ND AVENUE, MIAMI FL 33137