Pediatrix Medical Group (FRA:PDC) Debt-to-Equity : 0.83 (As of Dec. 2023)

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What is Pediatrix Medical Group Debt-to-Equity?

Pediatrix Medical Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €33 Mil. Pediatrix Medical Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €610 Mil. Pediatrix Medical Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €779 Mil. Pediatrix Medical Group's debt to equity for the quarter that ended in Dec. 2023 was 0.83.

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 Pediatrix Medical Group's Debt-to-Equity or its related term are showing as below:

FRA:PDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.72 Max: 2.41
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Pediatrix Medical Group was 2.41. The lowest was 0.25. And the median was 0.72.

FRA:PDC's Debt-to-Equity is ranked worse than
67.27% of 553 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs FRA:PDC: 0.83

Pediatrix Medical Group Debt-to-Equity Historical Data

The historical data trend for Pediatrix Medical Group'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.

Pediatrix Medical Group Debt-to-Equity Chart

Pediatrix Medical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.20

2.41

1.19

0.80

0.83

Pediatrix Medical Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.90	0.79	0.73	0.83

Competitive Comparison of Pediatrix Medical Group's Debt-to-Equity

For the Medical Care Facilities subindustry, Pediatrix Medical Group'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.

Pediatrix Medical Group's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Pediatrix Medical Group's Debt-to-Equity falls into.

Pediatrix Medical Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pediatrix Medical Group'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
	=	(33.002	+	610.409)	/	778.589
	=	0.83

Pediatrix Medical Group's Debt to Equity Ratio for the quarter 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
	=	(33.002	+	610.409)	/	778.589
	=	0.83

Pediatrix Medical Group (FRA:PDC) 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.

Pediatrix Medical Group Debt-to-Equity Related Terms

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Pediatrix Medical Group (FRA:PDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pediatrix Medical Group Inc (FRA:PDC) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

MD:USA MD:Mexico

Address

1301 Concord Terrace, Sunrise, FL, USA, 33323

Website

https://www.pediatrix.com

Pediatrix Medical Group Inc provides physician services to hospitals, intensive care units, and other medical units. The services provided by the company include maternal care for expectant mothers, intensive care for premature babies, cardiology care for infants suffering from heart defects, and anesthesia care during surgeries, among others. The company operates only under one segment, which is physician services. The company generates roughly half of its revenue from the women's and children's services provided, and also roughly half of the company's total revenue is earned in the United States.

Pediatrix Medical Group (FRA:PDC) Headlines

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