Adapthealth Corp (AHCO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,486,950 | 4,508,650 | 5,219,590 | 5,250,480 | 1,813,470 |
| Total stockholders’ equity | US$ in thousands | 1,571,140 | 1,458,450 | 2,151,160 | 2,061,910 | 354,889 |
| Financial leverage ratio | 2.86 | 3.09 | 2.43 | 2.55 | 5.11 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,486,950K ÷ $1,571,140K
= 2.86
Adapthealth Corp's financial leverage ratio has exhibited a declining trend over the years, indicating an improvement in the company's financial leverage position. The ratio decreased from 5.11 on December 31, 2020, to 2.55 on December 31, 2021, and further to 2.43 on December 31, 2022. However, there was a slight increase to 3.09 on December 31, 2023, before falling again to 2.86 on December 31, 2024. This variability suggests that Adapthealth Corp has been actively managing its debt levels relative to its equity. Overall, a lower financial leverage ratio signifies a lower reliance on debt for financing, potentially indicating a stronger financial position.
Peer comparison
Dec 31, 2024