CSIMarket
 



<< Back to Financial Strength by Industry within Healthcare Sector

Healthcare Sector Financial Strength Information

Financial Strength Information & Trends  
 


Category:   Period:  

Healthcare Sector 4 Q 3 Q 2 Q 1 Q 4 Q
  2023 2023 2023 2023 2022
Quick Ratio (TTM) 0.75 0.72 0.72 0.72 0.83
Quick Ratio Ranking # 2 # 2 # 2 # 2 # 2
Working Capital Ratio (TTM) 1.9 1.75 1.75 1.75 2.06
Working Capital Ratio Ranking # 2 # 2 # 2 # 2 # 2
Working Capital Per Revenue - - 0.29 0.28 0.33
Working Capital Per Revenue Ranking # 4 # 2 # 12 # 13 # 11
Leverage Ratio (TTM) 1.51 1.63 1.57 1.55 1.44
Leverage Ratio Ranking # 5 # 6 # 5 # 5 # 5
Total Debt to Equity (TTM) 0.7 0.88 0.85 0.83 0.63
Total Debt to Equity Ranking # 6 # 9 # 7 # 6 # 5
Interest Coverage (TTM) 7.69 7.41 8.9 10.18 11.45
Interest Coverage Ranking # 11 # 10 # 10 # 9 # 9
Debt Coverage (TTM) 0.23 0.23 0.26 0.29 0.32
Debt Coverage Ranking # 11 # 11 # 10 # 10 # 9


Quick Ratio Comment
On the trailing twelve months basis Healthcare Sector's Cash & cash equivalent grew by 4.85 % in the 4 Q 2023 sequentially, faster than Current Liabilities, this led to improvement in Healthcare Sector's Quick Ratio to 0.75 in the 4 Q 2023,, Quick Ratio remained below Healthcare Sector average.


Total ranking remained unchanged relative to the quarter before at no. 2.

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.

Quick Ratio Statistics as of 4 Q 2023
High Average Low
3.87 0.96 0.64
1. quarter 2016   3. quarter 2021

Quick Ratio Sector Ranking
Within: No.
Overall # 2


Other Quick Ratios
Compare Sector's quick ratio to Hln's or S&P Constituent list of Healthcare Sector
Highest Ranking Quick Ratios Lowest Ranking Quick Ratios
Quick Ratios for HLN's Competitors Definiton of Quick Ratio


Healthcare Sector Working Capital Ratio Statistics as of 4 Q 2023
 



Working Capital Ratio Statistics as of 4 Q 2023
High Average Low
2.31 1.89 1.61
2. quarter 2014   3. quarter 2021



Working Capital Ratio Comment
On the trailing twelve months basis Healthcare Sector's Current Assets grew by 0.74 % in the 4 Q 2023 sequentially, faster than Current Liabilities, this led to improvement in Sector's Working Capital Ratio to 1.9 in the 4 Q 2023, above Healthcare Sector average Working Capital Ratio.


Total ranking remained unchanged from the previous quarter at no. 2.



Working Capital Ratio Sector Ranking
Within: No.
Overall # 2

Other Working Capital Ratios
Highest Ranking Working Capital Ratios Lowest Ranking Working Capital Ratios
Compare Sector's Working Capital ratio to Hln's or S&P Constituent list of Healthcare Sector
Working Capital ratios for HLN's Competitors Definiton of Working Capital Ratio

Healthcare Sector Working Capital Per Revenue Statistics as of 4 Q 2023
 
Working Capital Per Revenue Comment
On the trailing twelve months basis


Working Capital Per Revenue total ranking fell in contrast to the preceding quarter from 2 to 4.




Working Capital Per Revenue Statistics as of 4 Q 2023
High Average Low
0.42 0.25 -0.16
2. quarter 2014   4. quarter 2023


Working Capital Per Revenue Sector Ranking
Within: No.
Overall # 4



Other Working Capital Per Revenue
Compare Sector's Working Capital Per Revenue to Hln's or S&P Constituent list of Healthcare Sector
Return On Assets for Healthcare Sector Definiton of Working Capital Per Revenue



Healthcare Sector Leverage Ratio Statistics as of 4 Q 2023
 


Leverage Ratio Statistics as of 4 Q 2023
High Average Low
1.83 1.45 -0.31
2. quarter 2020   1. quarter 2016



Leverage Ratio Comment
Due to repayements of liabilities of 1.45% Sector improved Liabilities to Equity ratio in 4 Q 2023 to 1.51, above Healthcare Sector average.






Leverage Ratio total ranking has improved so far to 5, from overall ranking in the previous quarter at 6.



Leverage Ratio Sector Ranking
Within: No.
Overall # 5

Other Leverage Ratios
Compare Sector's Leverage ratio to Hln's or S&P Bond Interest rates
Highest Ranking Leverage Ratios Lowest Ranking Leverage Ratios
Leverage Ratios for HLN's Competitors What is Leverage Ratio?


Healthcare Sector Total Debt to Equity Ratio Statistics as of 4 Q 2023
 
Debt to Equity Ratio Comment
Due to debt repayement of 2.58% Sector improved Total Debt to Equity in 4 Q 2023 to 0.7, above Sector average.


Debt to Equity Ratio total ranking has improved so far to 6, from total ranking in previous quarter at 9.




Debt to Equity Ratio Statistics as of 4 Q 2023
High Average Low
0.88 0.28 0.06
3. quarter 2023   4. quarter 2020



Debt to Equity Sector Ranking
Within: No.
Overall # 6

Other Debt to Equity Ratios
Highest Ranking Debt to Equity Ratios Lowest Ranking Debt to Equity Ratios
Compare Sector's Debt to Equity ratio to Hln's or S&P Definiton of Debt to Equity Ratio

Healthcare Sector Interest Coverage Ratio Statistics as of 4 Q 2023
 


Interest Coverage Ratio Statistics as of 4 Q 2023
High Average Low
29.97 11.3 2.98
4. quarter 2021   1. quarter 2016

Interest Coverage Ratio Comment
On the trailing twelve months basis interest expenses decreased faster than Sector's ebitda, this led to improvement in Sector's Interest Coverage Ratio to 7.69 , Interest Coverage Ratio remained below Healthcare Sector average.


Interest Coverage overall ranking fell in contrast to the prior period from 10 to 11.



Interest Coverage Ratio Sector Ranking
Within: No.
Overall # 11

Other Interest Coverage Ratios
Highest Ranking Interest Coverage Ratios Lowest Ranking Interest Coverage Ratios
Compare Sector's Interest Coverage ratio to Hln's or S&P Definiton of Interest Coverage Ratio


Healthcare Sector Debt Coverage Statistics as of 4 Q 2023
 
Debt Coverage Ratio Comment
On the trailing twelve months basis Due to increase in total debt in 4 Q 2023, Debt Coverage Ratio fell to 0.23 a new Healthcare Sector low.


Total ranking was the same like in the previous quarter at no. 11.




Debt Coverage Statistics as of 4 Q 2023
High Average Low
4.68 2.07 0.23
3. quarter 2021   3. quarter 2023



Debt Coverage Sector Ranking
Within: No.
Overall # 11

Other Debt Coverage Ratios
Highest Ranking Debt Coverage Ratios Lowest Ranking Debt Coverage Ratios
See also Healthcare Sector's Margin Definiton of Debt Coverage Ratio

Date modified: 2024-03-17T14:36:00+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com