National Healthcare annual debt-to-equity ratio
2010
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2025
National Healthcare Debt-to-Equity Ratio Growth & History (NHC)
National Healthcare's debt-to-equity ratio was 0.08 for fiscal 2025.
View full National Healthcare company overviewNational Healthcare annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.08 | −0.14 | −62.82% |
| 2024 | 2024-12-31 | 0.22 | 0.12 | +113.22% |
| 2023 | 2023-12-31 | 0.10 | −0.04 | −28.66% |
| 2022 | 2022-12-31 | 0.14 | −0.04 | −21.95% |
| 2021 | 2021-12-31 | 0.18 | −0.06 | −24.36% |
| 2020 | 2020-12-31 | 0.24 | −0.05 | −18.13% |
| 2019 | 2019-12-31 | 0.30 | 0.19 | +179.98% |
| 2018 | 2018-12-31 | 0.11 | −0.07 | −40.98% |
| 2017 | 2017-12-31 | 0.18 | −0.04 | −19.61% |
| 2016 | 2016-12-31 | 0.22 | −0.02 | −7.78% |
| 2015 | 2015-12-31 | 0.24 | 0.18 | +283.30% |
| 2014 | 2014-12-31 | 0.06 | 0.05 | +336.74% |
| 2013 | 2013-12-31 | 0.01 | −0.00 | −4.65% |
| 2012 | 2012-12-31 | 0.02 | −0.00 | −7.51% |
| 2011 | 2011-12-31 | 0.02 | −0.00 | −8.49% |
| 2010 | 2010-12-31 | 0.02 | — | — |
National Healthcare quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.03 | −0.14 | −83.43% |
| Q1 2026 | 2026-03-31 | 0.04 | −0.17 | −82.15% |
| Q4 2025 | 2025-12-31 | 0.08 | −0.14 | −62.82% |
| Q3 2025 | 2025-09-30 | 0.12 | −0.10 | −45.98% |
| Q2 2025 | 2025-06-30 | 0.17 | 0.09 | +101.55% |
| Q1 2025 | 2025-03-31 | 0.20 | 0.11 | +117.80% |
| Q4 2024 | 2024-12-31 | 0.22 | 0.12 | +113.22% |
| Q3 2024 | 2024-09-30 | 0.23 | 0.11 | +96.26% |
| Q2 2024 | 2024-06-30 | 0.08 | −0.04 | −32.27% |
| Q1 2024 | 2024-03-31 | 0.09 | −0.04 | −30.90% |
| Q4 2023 | 2023-12-31 | 0.10 | −0.04 | −28.66% |
| Q3 2023 | 2023-09-30 | 0.11 | −0.04 | −24.63% |
| Q2 2023 | 2023-06-30 | 0.12 | −0.05 | −26.93% |
| Q1 2023 | 2023-03-31 | 0.13 | −0.04 | −23.89% |
| Q4 2022 | 2022-12-31 | 0.14 | −0.04 | −21.95% |
| Q3 2022 | 2022-09-30 | 0.15 | −0.04 | −21.74% |
| Q2 2022 | 2022-06-30 | 0.17 | −0.03 | −15.32% |
| Q1 2022 | 2022-03-31 | 0.18 | −0.05 | −23.78% |
| Q4 2021 | 2021-12-31 | 0.18 | −0.06 | −24.36% |
| Q3 2021 | 2021-09-30 | 0.19 | −0.07 | −25.11% |
| Q2 2021 | 2021-06-30 | 0.20 | −0.07 | −26.19% |
| Q1 2021 | 2021-03-31 | 0.23 | −0.13 | −35.21% |
| Q4 2020 | 2020-12-31 | 0.24 | −0.05 | −18.13% |
| Q3 2020 | 2020-09-30 | 0.26 | −0.08 | −22.60% |
| Q2 2020 | 2020-06-30 | 0.27 | −0.11 | −29.19% |
| Q1 2020 | 2020-03-31 | 0.36 | −0.04 | −10.82% |
| Q4 2019 | 2019-12-31 | 0.30 | 0.19 | +179.98% |
| Q3 2019 | 2019-09-30 | 0.34 | 0.20 | +144.07% |
| Q2 2019 | 2019-06-30 | 0.38 | 0.23 | +145.84% |
| Q1 2019 | 2019-03-31 | 0.40 | 0.22 | +119.79% |
| Q4 2018 | 2018-12-31 | 0.11 | −0.07 | −40.98% |
| Q3 2018 | 2018-09-30 | 0.14 | −0.08 | −35.66% |
| Q2 2018 | 2018-06-30 | 0.16 | −0.06 | −27.83% |
| Q1 2018 | 2018-03-31 | 0.18 | −0.04 | −17.61% |
| Q4 2017 | 2017-12-31 | 0.18 | −0.04 | −19.61% |
| Q3 2017 | 2017-09-30 | 0.21 | −0.01 | −5.11% |
| Q2 2017 | 2017-06-30 | 0.22 | −0.01 | −4.66% |
| Q1 2017 | 2017-03-31 | 0.22 | −0.01 | −5.26% |
| Q4 2016 | 2016-12-31 | 0.22 | −0.02 | −7.78% |
| Q3 2016 | 2016-09-30 | 0.23 | 0.17 | +279.44% |
| Q2 2016 | 2016-06-30 | 0.23 | 0.17 | +272.64% |
| Q1 2016 | 2016-03-31 | 0.23 | 0.17 | +280.87% |
| Q4 2015 | 2015-12-31 | 0.24 | 0.18 | +283.30% |
| Q3 2015 | 2015-09-30 | 0.06 | −0.01 | −10.97% |
| Q2 2015 | 2015-06-30 | 0.06 | −0.01 | −9.49% |
| Q1 2015 | 2015-03-31 | 0.06 | −0.01 | −11.19% |
| Q4 2014 | 2014-12-31 | 0.06 | 0.05 | +336.74% |
| Q3 2014 | 2014-09-30 | 0.07 | 0.05 | +353.08% |
| Q2 2014 | 2014-06-30 | 0.07 | 0.05 | +348.54% |
| Q1 2014 | 2014-03-31 | 0.07 | 0.05 | +361.26% |
| Q4 2013 | 2013-12-31 | 0.01 | −0.00 | −4.65% |
| Q3 2013 | 2013-09-30 | 0.01 | −0.00 | −4.73% |
| Q2 2013 | 2013-06-30 | 0.01 | −0.00 | −5.05% |
| Q1 2013 | 2013-03-31 | 0.01 | −0.00 | −6.68% |
| Q4 2012 | 2012-12-31 | 0.02 | −0.00 | −7.51% |
| Q3 2012 | 2012-09-30 | 0.02 | −0.00 | −7.49% |
| Q2 2012 | 2012-06-30 | 0.02 | −0.00 | −7.01% |
| Q1 2012 | 2012-03-31 | 0.02 | — | — |
| Q4 2011 | 2011-12-31 | 0.02 | −0.00 | −7.53% |
| Q3 2011 | 2011-09-30 | 0.02 | — | — |
| Q2 2011 | 2011-06-30 | 0.02 | — | — |
| Q4 2010 | 2010-12-31 | 0.02 | — | — |
National Healthcare debt-to-equity ratio trends
Over the last five fiscal years, National Healthcare's debt-to-equity ratio decreased from 0.24 to 0.08, a change of −0.16. The latest reported quarter, Q2 2026, shows 0.03.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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