Acadia Healthcare Company Inc (ACHC)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,956,920 | 5,358,840 | 4,987,900 | 4,768,080 | 6,499,360 |
| Total stockholders’ equity | US$ in thousands | 3,073,720 | 2,781,970 | 2,812,730 | 2,517,490 | 1,899,460 |
| Financial leverage ratio | 1.94 | 1.93 | 1.77 | 1.89 | 3.42 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,956,920K ÷ $3,073,720K
= 1.94
Acadia Healthcare Company Inc's financial leverage ratio has shown a declining trend over the years, decreasing from 3.42 at December 31, 2020, to 1.89 at December 31, 2021, and further to 1.77 at December 31, 2022. This indicates a significant reduction in the company's reliance on debt to finance its operations and investments during this period.
However, there was a slight increase in the financial leverage ratio to 1.93 at December 31, 2023, followed by a marginal increase to 1.94 at December 31, 2024. Despite these slight upticks, the overall trend suggests that Acadia Healthcare has been effectively managing its debt levels and improving its financial stability in the recent years. A lower financial leverage ratio generally implies lower financial risk and greater financial flexibility for the company.
Peer comparison
Dec 31, 2024