SunLink Debt Ratio from 2010 to 2024

SSY Stock  USD 0.75  0.01  1.32%   
SunLink Health Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.30 in 2024. During the period from 2010 to 2024, SunLink Health Debt Ratio regression line of annual values had r-squared of  0 and arithmetic mean of  0.27. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.48
Current Value
0.3
Quarterly Volatility
0.13459065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SunLink Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunLink Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 855 or Total Revenue of 30.8 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0 or PTB Ratio of 0.74. SunLink financial statements analysis is a perfect complement when working with SunLink Health Valuation or Volatility modules.
  
Check out the analysis of SunLink Health Correlation against competitors.

Latest SunLink Health's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of SunLink Health Systems over the last few years. It is SunLink Health's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SunLink Health's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Very volatile
   Debt Ratio   
       Timeline  

SunLink Debt Ratio Regression Statistics

Arithmetic Mean0.27
Geometric Mean0.24
Coefficient Of Variation50.09
Mean Deviation0.11
Median0.27
Standard Deviation0.13
Sample Variance0.02
Range0.4045
R-Value0.05
Mean Square Error0.02
R-Squared0
Significance0.86
Slope0
Total Sum of Squares0.25

SunLink Debt Ratio History

2024 0.3
2023 0.48
2021 0.42
2020 0.0942
2017 0.12
2016 0.19
2015 0.23

Other Fundumenentals of SunLink Health Systems

SunLink Health Debt Ratio component correlations

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0.670.160.570.570.910.750.290.690.06-0.05-0.090.130.130.70.760.6-0.60.71-0.20.60.420.06
0.70.420.590.350.230.650.290.530.680.070.530.530.330.460.270.51-0.530.66-0.030.540.350.19
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0.70.660.840.690.730.520.60.510.370.60.010.670.210.640.830.79-0.50.81-0.460.960.21-0.36
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0.360.250.20.360.330.320.420.350.350.190.030.140.41-0.080.370.210.21-0.180.310.060.410.1
0.21-0.36-0.21-0.13-0.250.450.060.190.63-0.080.27-0.440.21-0.34-0.13-0.2-0.360.06-0.240.11-0.360.1
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About SunLink Health Financial Statements

SunLink Health investors use historical fundamental indicators, such as SunLink Health's Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SunLink Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.48  0.30 
Cash Flow To Debt Ratio(0.05)(0.05)

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Additional Tools for SunLink Stock Analysis

When running SunLink Health's price analysis, check to measure SunLink Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SunLink Health is operating at the current time. Most of SunLink Health's value examination focuses on studying past and present price action to predict the probability of SunLink Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunLink Health's price. Additionally, you may evaluate how the addition of SunLink Health to your portfolios can decrease your overall portfolio volatility.