Amedisys Inc (AMED)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 361,900 | 366,900 | 369,900 | 373,200 | 419,400 | 443,400 | 442,400 | 429,500 | 432,100 | 434,800 | 179,400 | 231,400 | 204,500 | 300,600 | 392,700 | 379,900 | 232,256 | 231,600 | 266,500 | 303,700 |
| Total stockholders’ equity | US$ in thousands | 1,066,510 | 1,039,910 | 1,006,780 | 1,079,120 | 1,051,570 | 1,015,740 | 985,646 | 966,758 | 931,351 | 905,264 | 874,272 | 788,153 | 809,224 | 756,205 | 720,851 | 679,197 | 640,450 | 602,564 | 561,781 | 520,246 |
| Debt-to-capital ratio | 0.25 | 0.26 | 0.27 | 0.26 | 0.29 | 0.30 | 0.31 | 0.31 | 0.32 | 0.32 | 0.17 | 0.23 | 0.20 | 0.28 | 0.35 | 0.36 | 0.27 | 0.28 | 0.32 | 0.37 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $361,900K ÷ ($361,900K + $1,066,510K)
= 0.25
Amedisys Inc.'s debt-to-capital ratio has exhibited fluctuations over the past 8 quarters. The company's debt-to-capital ratio ranged from 0.27 to 0.32 during this period. Overall, the trend appears to be relatively stable, with minor variations observed. Despite some quarterly fluctuations, the debt-to-capital ratio has generally remained within a narrow range, indicating a consistent capital structure strategy. The most recent quarter, Q4 2023, shows a slight decrease in the ratio compared to the previous quarters, which may imply a reduction in the company's reliance on debt financing relative to its total capital. Further analysis and comparison with industry benchmarks could provide additional insights into Amedisys Inc.'s leverage position and financial health.
Peer comparison
Dec 31, 2023