Debt to Equity
since 2019
Calculation
Shockwave Medical Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.09 | = | 731,863) | ÷ | 668,677) |
| Dec 31, 2022 | 0.05 | = | 24,198) | ÷ | 511,316) |
| Dec 31, 2021 | 0.07 | = | 17,130) | ÷ | 241,830) |
| Dec 31, 2020 | 0.07 | = | 16,619) | ÷ | 225,654) |
| Dec 31, 2019 | 0.07 | = | 13,819) | ÷ | 192,653) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 US$ in thousands
Comparison to Competitors
Shockwave Medical Inc., debt to equity, long-term trends, comparison to competitors
| Shockwave Medical Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.09 | 0.38 | 0.67 | 0.81 | 0.64 | 0.74 | 0.00 | 0.47 | 0.70 |
| Dec 31, 2022 | 0.05 | 0.46 | 0.69 | 0.74 | 0.66 | 0.75 | 0.00 | 0.46 | 0.74 |
| Dec 31, 2021 | 0.07 | 0.50 | 0.71 | 0.75 | 0.64 | 0.80 | 0.00 | 0.51 | 0.64 |
| Dec 31, 2020 | 0.07 | 0.57 | 0.65 | 0.93 | 0.60 | 0.51 | 0.00 | 0.49 | 0.66 |
| Dec 31, 2019 | 0.07 | 0.58 | 0.83 | 1.07 | 0.63 | 0.49 | 0.00 | 0.51 | 0.71 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Sector (Health Care Equipment & Services)
Shockwave Medical Inc., debt to equity, long-term trends, comparison to sector (health care equipment & services)
| Shockwave Medical Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 1.09 | 0.62 |
| Dec 31, 2022 | 0.05 | 0.63 |
| Dec 31, 2021 | 0.07 | 0.63 |
| Dec 31, 2020 | 0.07 | 0.65 |
| Dec 31, 2019 | 0.07 | 0.72 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Industry (Health Care)
Shockwave Medical Inc., debt to equity, long-term trends, comparison to industry (health care)
| Shockwave Medical Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 1.09 | 0.81 |
| Dec 31, 2022 | 0.05 | 0.72 |
| Dec 31, 2021 | 0.07 | 0.78 |
| Dec 31, 2020 | 0.07 | 0.90 |
| Dec 31, 2019 | 0.07 | 0.91 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).