AMN Healthcare Services Inc (AMN)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 3.42 | 3.00 | 3.16 | 3.36 | 3.52 | 3.25 | 3.45 | 3.01 | 2.77 | 2.66 | 2.89 | 3.01 | 2.70 | 2.60 | 2.72 | 2.96 | 2.87 | 2.91 | 3.05 | 3.28 |
AMN Healthcare Services Inc maintains a strong solvency position, as indicated by consistently low debt-to-assets, debt-to-capital, and debt-to-equity ratios of 0.00 across all reported periods from March 2020 to December 2024. This suggests that the company has minimal reliance on debt to finance its operations and investments.
Furthermore, the financial leverage ratio, which provides insight into the company's debt levels relative to its equity, has exhibited slight fluctuations over the periods analyzed, ranging from 2.60 to 3.52. While these ratios have increased slightly in some quarters, the overall trend suggests that AMN Healthcare Services Inc has maintained a moderate level of financial leverage.
Overall, the solvency ratios indicate that AMN Healthcare Services Inc has a sound financial structure with a conservative approach to debt management, which bodes well for the company's ability to meet its financial obligations and continue its operations effectively.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 1.11 | 1.86 | 3.47 | 4.67 | 7.10 | 9.23 | 10.90 | 13.71 | 15.90 | 18.00 | 19.06 | 16.64 | 14.00 | 7.19 | 5.16 | 3.94 | 2.61 | 3.84 | 4.11 | 4.96 |
AMN Healthcare Services Inc's interest coverage ratio has shown fluctuations over the past few years. Starting from a relatively healthy level of around 4.96 in March 2020, the ratio declined to as low as 1.11 in December 2024. This decreasing trend may indicate a weakening ability of the company to meet its interest obligations with its earnings. However, it's worth noting that there were periods of improvement in the interest coverage ratio, such as in March 2023, when it reached 13.71 and in December 2022 when it peaked at 15.90. These higher values suggest that the company's earnings were more than sufficient to cover its interest expenses during those periods. Overall, potential creditors and investors may view the declining trend in interest coverage with caution, as it could signal future financial stress if not addressed by the company.