ZBHNEUTRAL

ZBH Debt-to-Equity Ratio Analysis

0.59x

Higher than 61% of Healthcare sector peers

Updated 11h ago·SEC filings & market data

Key Takeaway

The debt-to-equity ratio compares a company’s total liabilities to its shareholders’ equity, showing how much debt is used to fund assets relative to owner capital.

Sector Performance

61th percentile

ZBH

0.59x

Sector Median

0.26x

Sector Avg

0.89x

Prior Period

0.51x(May 2026)

↓ Declining

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Deep Analysis

The debt-to-equity ratio compares a company’s total liabilities to its shareholders’ equity, showing how much debt is used to fund assets relative to owner capital.

At 0.59x, ZBH carries 59 cents of debt for every $1 of equity, a moderate level that suggests balanced leverage. This sits above the healthcare sector median of 0.34x, placing ZBH in the 59th percentile among peers — meaning it uses more debt than most, but not exceptionally. The trend is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, so no directional signal can be drawn from recent shifts. With a level above the median but no trend to confirm rising or falling leverage, the ratio implies a stable, mid-range risk profile rather than a clear red flag or advantage. This metric supports the overall NEUTRAL verdict because the debt load is neither unusually high nor improving or deteriorating, offering no strong reason to tilt bullish or bearish.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about ZBH?

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.

How does ZBH's Debt-to-Equity Ratio compare to its sector?

ZBH's Debt-to-Equity Ratio of 0.59x compares to a Healthcare sector median of 0.26x, placing it in the 61th percentile.

Who are ZBH's closest peers by Debt-to-Equity Ratio?

The closest Healthcare peers by Debt-to-Equity Ratio include: BIO (0.17x), BIIB (0.34x), NTLA (0.13x), TECH (0.10x), BEAM (0.09x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

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.