Acadia Healthcare Company Inc (ACHC)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
Acadia Healthcare Company Inc has consistently maintained a low level of debt in relation to its assets, with a debt-to-assets ratio of 0.00 across all reported periods. This indicates that the company has a strong ability to cover its liabilities with its assets.
Similarly, the debt-to-capital ratio and debt-to-equity ratio have also remained at 0.00 throughout the disclosed periods, implying that Acadia Healthcare relies minimally on debt to finance its operations and investments.
The financial leverage ratio shows an improving trend over the years, decreasing from 2.73 in December 2020 to 1.94 in December 2024. This decrease in financial leverage ratio indicates a reduction in the company's reliance on debt financing, which may result in lower financial risk and improved financial stability over time.
Overall, the solvency ratios suggest that Acadia Healthcare Company Inc has a solid financial position with minimal debt and a conservative approach to leverage, which bodes well for its financial health and resilience to economic challenges.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 3.96 | 4.85 | 5.41 | 5.91 | 6.14 | 6.01 | 5.92 | 6.14 | 6.36 | 6.85 | 6.94 | 6.62 | 5.38 | 4.21 | 3.51 | 2.91 | 2.65 | 2.42 | 2.21 | 2.18 |
The interest coverage ratio measures a company's ability to cover its interest expenses with its operating income. For Acadia Healthcare Company Inc, the interest coverage ratio has been showing a positive trend over the past few years.
As of December 31, 2024, the interest coverage ratio stood at 3.96, indicating that Acadia Healthcare's operating income was nearly four times its interest expenses for that period. This suggests a healthy financial position and that the company has sufficient earnings to comfortably cover its interest obligations.
Furthermore, the trend in the interest coverage ratio has been generally increasing from 2.18 in March 31, 2020, to 3.96 in December 31, 2024. This steady improvement indicates that Acadia Healthcare's ability to meet its interest payments has been strengthening over time.
Overall, the consistent increase in Acadia Healthcare's interest coverage ratio reflects its improving financial health and ability to manage its debt obligations effectively.