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