Acadia Healthcare Company Inc (ACHC)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,956,920 | 5,358,840 | 4,987,900 | 4,768,080 | 6,499,360 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,956,920K
= 0.00
The debt-to-assets ratio for Acadia Healthcare Company Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A low or zero debt-to-assets ratio is generally viewed positively as it suggests a low level of financial risk and a strong financial position. It also implies that the company is relying more on equity funding rather than debt to support its operations and investments. However, it's important to note that a zero debt-to-assets ratio may also mean missed opportunities for leveraging debt for potential growth or tax advantages. Overall, Acadia Healthcare's consistent zero debt-to-assets ratio demonstrates financial stability and conservative financial management.
Peer comparison
Dec 31, 2024