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Based on the following ratio analysis, what do you conclude about this hospital's overall status regarding debt? Debt management Ratio Analysis Debt ratio = 28.95

Based on the following ratio analysis, what do you conclude about this hospital's overall status regarding debt?

Debt management Ratio Analysis Debt ratio = 28.95 or 29%

Peer-group average = 42.3%

TIE = EBIT/Interest expense

TIE = 1.2 times Peer-group average = 4.0 times

Debt-to-capitalization ratio Debt-to-capitalization ratio =15.9

Peer-group average = 34.6%

Debt-to-equity ratio

Debt-to-equity ratio =40.8

Peer-group average = 73.5%

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