Amedisys Inc (AMED)

Financial leverage 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
Total assets US$ in thousands 2,060,170 2,027,420 1,982,400 1,946,960 1,976,240 1,982,130 2,000,990 1,908,390 1,856,970 1,937,640 1,599,560 1,573,210 1,567,200 1,602,720 1,645,490 1,440,080 1,262,740 1,212,380 1,205,860 1,184,240
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
Financial leverage ratio 1.93 1.95 1.97 1.80 1.88 1.95 2.03 1.97 1.99 2.14 1.83 2.00 1.94 2.12 2.28 2.12 1.97 2.01 2.15 2.28

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,060,170K ÷ $1,066,510K
= 1.93

Based on the financial leverage ratio data provided for Amedisys Inc. over the past eight quarters, the company's financial leverage ratio has shown some fluctuations. The financial leverage ratio measures the proportion of a company's debt to its equity, indicating the level of financial risk and leverage carried by the company.

Amedisys Inc.'s financial leverage ratio ranged from 1.80 to 2.03 over the past two years. A higher ratio suggests that the company is relying more on debt to finance its operations, while a lower ratio indicates a higher proportion of equity in the capital structure.

The trend in Amedisys Inc.'s financial leverage ratio seems to have fluctuated over the quarters, with some quarters showing higher leverage (such as Q2 2022 and Q3 2023) and others showing lower leverage (like Q1 2023 and Q4 2022). This variability could suggest the company's changing approach to funding its operations and investments.

It is important to monitor the financial leverage ratio over time to assess the company's ability to meet its debt obligations and manage financial risk effectively. A consistently high or increasing financial leverage ratio could indicate potential financial vulnerability, while a declining ratio might signal a more conservative financial strategy.


Peer comparison

Dec 31, 2023