Debt-to-Equity Ratio
Updated 54h ago
Sector Performance
45th percentileSYK
0.64x
Sector Median
0.73x
Sector Avg
0.09x
Deep Analysis
SYK's debt-to-equity ratio of 0.64x means the company uses $0.64 of debt for every $1 of shareholders' equity—a measure of financial leverage.
That ratio sits below the sector median of 0.73x, placing SYK in the 45th percentile among peers, so it carries slightly less debt than the typical company in its industry. The year-over-year change is not available, but the quarter-over-quarter change shows a +106.5% increase from 0.31x to 0.64x. While the current level remains moderate relative to peers, the sharp rise in leverage over a single quarter could indicate increased financial risk if it continues. This combination of a near-median level and a sudden upward trend supports the overall NEUTRAL verdict: the ratio itself is not alarming, but the direction demands attention and does not clearly tilt the stock toward a bullish or bearish call.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about SYK?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are SYK's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.64x
Sector Median
0.73x
Sector Avg
0.09x
How SYK's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.