Labcorp Holdings Inc (LH)
238.64
+3.43
(+1.46%)
USD |
NYSE |
Nov 18, 16:00
238.72
+0.08
(+0.03%)
Pre-Market: 20:00
Labcorp Holdings Debt to Equity Ratio: 0.8264 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.8264 |
| June 30, 2024 | 0.6329 |
| March 31, 2024 | 0.6394 |
| December 31, 2023 | 0.6418 |
| September 30, 2023 | 0.6882 |
| June 30, 2023 | 0.6083 |
| March 31, 2023 | 0.5177 |
| December 31, 2022 | 0.5289 |
| September 30, 2022 | 0.5287 |
| June 30, 2022 | 0.5155 |
| March 31, 2022 | 0.5023 |
| December 31, 2021 | 0.5274 |
| September 30, 2021 | 0.5149 |
| June 30, 2021 | 0.5295 |
| March 31, 2021 | 0.5411 |
| December 31, 2020 | 0.6142 |
| September 30, 2020 | 0.7032 |
| June 30, 2020 | 0.8442 |
| March 31, 2020 | 0.8843 |
| December 31, 2019 | 0.82 |
| September 30, 2019 | 0.9133 |
| June 30, 2019 | 0.929 |
| March 31, 2019 | 0.8433 |
| December 31, 2018 | 0.8608 |
| September 30, 2018 | 0.8832 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.9087 |
| March 31, 2018 | 0.9612 |
| December 31, 2017 | 0.9841 |
| September 30, 2017 | 1.167 |
| June 30, 2017 | 1.032 |
| March 31, 2017 | 1.037 |
| December 31, 2016 | 1.051 |
| September 30, 2016 | 1.105 |
| June 30, 2016 | 1.127 |
| March 31, 2016 | 1.224 |
| December 31, 2015 | 1.275 |
| September 30, 2015 | 1.348 |
| June 30, 2015 | 1.411 |
| March 31, 2015 | 1.525 |
| December 31, 2014 | 1.059 |
| September 30, 2014 | 1.078 |
| June 30, 2014 | 1.123 |
| March 31, 2014 | 1.196 |
| December 31, 2013 | 1.198 |
| September 30, 2013 | 1.038 |
| June 30, 2013 | 0.9424 |
| March 31, 2013 | 0.8361 |
| December 31, 2012 | 0.977 |
| September 30, 2012 | 0.9792 |
| June 30, 2012 | 0.8016 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5023
Minimum
Mar 2022
0.8843
Maximum
Mar 2020
0.6304
Average
0.6112
Median
Debt to Equity Ratio Benchmarks
| Delcath Systems Inc | 0.2333 |
| Star Equity Holdings Inc | 0.2451 |
| Exact Sciences Corp | 0.80 |
| CytoSorbents Corp | 1.062 |
| Progyny Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 18.61B |
| Total Liabilities (Quarterly) | 10.43B |
| Shareholders Equity (Quarterly) | 8.170B |
| Current Ratio | 1.439 |
| Net Debt Paydown Yield | -1.51% |