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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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