ZimVie (STU:O23) Debt-to-Equity : 1.35 (As of Mar. 2024)

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What is ZimVie Debt-to-Equity?

ZimVie's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9.9 Mil. ZimVie's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €470.9 Mil. ZimVie's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €357.3 Mil. ZimVie's debt to equity for the quarter that ended in Mar. 2024 was 1.35.

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:

STU:O23' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.75 Max: 1.35
Current: 1.35

During the past 6 years, the highest Debt-to-Equity Ratio of ZimVie was 1.35. The lowest was 0.04. And the median was 0.75.

STU:O23's Debt-to-Equity is ranked worse than
91.29% of 700 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs STU:O23: 1.35

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 Debt-to-Equity Chart

ZimVie Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.06

0.04

0.72

1.28

ZimVie Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.74	0.76	0.77	1.28	1.35

Competitive Comparison of ZimVie's Debt-to-Equity

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's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

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. 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
	=	(3.717	+	474.893)	/	375.505
	=	1.27

ZimVie'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
	=	(9.856	+	470.903)	/	357.263
	=	1.35

ZimVie (STU:O23) 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 (STU:O23) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ZimVie Inc (STU:O23) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZIMV:USA O23:Germany

Address

10225 Westmoor Drive, Westminster, CO, USA, 80021

Website

https://www.zimvie.com

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. Business is organized into two operating segments the spine products segment and the dental products segment.

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