Adapthealth Corp (AHCO)
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 | 1,964,920 | 2,094,610 | 2,153,270 | 2,183,550 | 776,568 |
| Total assets | US$ in thousands | 4,486,950 | 4,508,650 | 5,219,590 | 5,250,480 | 1,813,470 |
| Debt-to-assets ratio | 0.44 | 0.46 | 0.41 | 0.42 | 0.43 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,964,920K ÷ $4,486,950K
= 0.44
The debt-to-assets ratio of Adapthealth Corp has shown a slight fluctuation over the past five years. It decreased from 0.43 as of December 31, 2020, to 0.42 as of December 31, 2021, and further to 0.41 as of December 31, 2022. However, there was an increase to 0.46 as of December 31, 2023, followed by a decrease to 0.44 as of December 31, 2024.
Overall, the trend indicates that the company has been effectively managing its debt in relation to its total assets, with the ratio hovering around the 0.4 to 0.5 range. This suggests a reasonable balance between the use of debt and the utilization of assets to support its operations. An analysis of other financial metrics and industry benchmarks would provide further context to fully assess the company's financial health.
Peer comparison
Dec 31, 2024