Select Medical Holdings (Select Medical Holdings) LT-Debt-to-Total-Asset : 0.60 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Select Medical Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Select Medical Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.60.

Select Medical Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.63) to Dec. 2023 (0.60). It may suggest that Select Medical Holdings is progressively becoming less dependent on debt to grow their business.

Select Medical Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Select Medical Holdings's LT-Debt-to-Total-Asset 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.

Select Medical Holdings LT-Debt-to-Total-Asset Chart

Select Medical Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.58

0.56

0.61

0.63

0.60

Select Medical Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.63	0.62	0.61	0.61	0.60

Select Medical Holdings LT-Debt-to-Total-Asset Calculation

Select Medical Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	4613.542	/	7689.631
	=	0.60

Select Medical Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4613.542	/	7689.631
	=	0.60

Select Medical Holdings (NYSE:SEM) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Select Medical Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Select Medical Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Select Medical Holdings (Select Medical Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Select Medical Holdings Corp (NYSE:SEM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

S24:Germany

Address

4714 Gettysburg Road, P.O. Box 2034, Mechanicsburg, PA, USA, 17055

Website

https://www.selectmedicalholdings.com

Select Medical Holdings Corp is a healthcare company that operates through four main segments: critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and Concentra institutions. Critical illness recovery hospitals and rehabilitation centres are designed for patients requiring extended recovery time with medical services. These two sectors combined compose roughly half of the total revenue and include over 103 critical illness recovery hospitals and inpatient rehab facilities. The outpatient rehabilitation segment includes over 1,928 rehabilitation clinics. The Concentra segment includes over 540 occupational health centers and 147 onsite clinics. The company is headquartered in Pennsylvania, and it operates across the United States.

Executives

Robert A Ortenzio	director, officer: Chief Executive Officer	4718 OLD GETTYSBURG RD, POST OFFICE BOX 2034, MECHANICSBURG PA 30309
Breighner Robert G. Jr	officer: Vice President, Compliance	C/O SELECT MEDICAL HOLDINGS CORPORATION, 4714 GETTYSBURG ROAD, MACHANICSBURG PA 17055
Michael F Malatesta	officer: Senior Vice President, Finance	C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG RD, P.O. BOX 2034, MECHANICSBURG PA 17055
Christopher Weigl	officer: Chief Accounting Officer	C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
David S Chernow	officer: Chief Executive Officer	C/O JUNIOR ACHIEVEMENT INC, ONE EDUCATION WAY, COLORADO SPRINGS CO 80906
Parvinderjit S. Khanuja	director	C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG RD, P.O. BOX 2034, MECHANICSBURG PA 17055
Marilyn B Tavenner	director	13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Michael E Tarvin	officer: Executive Vice President	4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Martin F Jackson	officer: Executive Vice President	4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Katherine R Davisson	director	C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
Ely James S. Iii	director	4000 MERIDIAN BLVD, FRANKLIN TN 37067
Scott A Romberger	officer: Senior Vice President	4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Thomas P Mullin	officer: Executive Vice President	C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
Leopold Swergold	director
Daniel Thomas	director	C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD P.O. BOX 2034, MECHANICSBURG PA 17055