Acadia Healthcare Company Inc (ACHC)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,956,920 | 5,870,460 | 5,678,050 | 5,517,250 | 5,358,840 | 5,346,220 | 5,150,210 | 5,044,260 | 4,987,900 | 4,943,100 | 4,882,640 | 4,834,640 | 4,768,080 | 4,594,730 | 4,564,000 | 4,526,920 | 6,499,360 | 7,105,140 | 6,833,230 | 6,718,000 |
| Total stockholders’ equity | US$ in thousands | 3,073,720 | 3,031,520 | 2,952,720 | 2,866,020 | 2,781,970 | 2,712,560 | 2,921,020 | 2,839,600 | 2,812,730 | 2,743,710 | 2,663,040 | 2,574,510 | 2,517,490 | 2,434,450 | 2,356,590 | 2,298,000 | 1,899,460 | 2,606,640 | 2,503,340 | 2,464,170 |
| Financial leverage ratio | 1.94 | 1.94 | 1.92 | 1.93 | 1.93 | 1.97 | 1.76 | 1.78 | 1.77 | 1.80 | 1.83 | 1.88 | 1.89 | 1.89 | 1.94 | 1.97 | 3.42 | 2.73 | 2.73 | 2.73 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,956,920K ÷ $3,073,720K
= 1.94
The financial leverage ratio of Acadia Healthcare Company Inc has shown a fluctuating trend over the last few years. The ratio was relatively stable at around 2.73 from March 2020 to September 2020. However, there was a significant increase to 3.42 by December 2020, indicating a higher level of financial leverage.
Subsequently, the financial leverage ratio decreased consistently from March 2021 to June 2022, reaching a low of 1.83. This suggests that the company reduced its reliance on debt in relation to equity during this period. From September 2022 to December 2024, the ratio remained relatively stable between 1.77 to 1.94, indicating a balanced mix of debt and equity in the company's capital structure.
Overall, the decreasing trend in the financial leverage ratio from 2021 to 2022 reflects potentially improved financial stability and reduced financial risk for Acadia Healthcare Company Inc. However, the ratio stabilized at around 1.94 towards the end of 2024, indicating a consistent level of financial leverage maintained by the company.
Peer comparison
Dec 31, 2024