Cross Country Healthcare Inc (CCRN)

Debt-to-assets 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	0	0	31,000	138,443	150,675	133,075	208,875	223,626	181,762	102,750	114,989	—	55,834	—	—	—	70,974	70,556	70,613	75,489
Total assets	US$ in thousands	679,317	707,739	771,130	920,541	947,839	882,512	938,961	916,434	732,809	520,420	493,638	442,353	356,973	357,838	352,201	386,979	382,374	393,991	396,968	441,435
Debt-to-assets ratio		0.00	0.00	0.04	0.15	0.16	0.15	0.22	0.24	0.25	0.20	0.23	0.00	0.16	0.00	0.00	0.00	0.19	0.18	0.18	0.17

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $0K ÷ $679,317K
= 0.00

Cross Country Healthcares, Inc. has shown varying levels of debt-to-assets ratio over the past eight quarters. The ratio was consistently at a low level of 0.00 in Q4 2023 and Q3 2023, indicating a strong financial position with minimal debt in relation to total assets. However, there was a slight increase to 0.04 in Q2 2023, suggesting a small proportion of debt relative to assets during that period.

In contrast, the debt-to-assets ratio was higher in the preceding quarters, reaching 0.15 in Q1 2023, Q4 2022, and Q3 2022. The ratio further increased to 0.22 in Q2 2022 and peaked at 0.24 in Q1 2022, indicating a higher level of debt compared to assets during those periods.

Overall, the trend in Cross Country Healthcares, Inc.'s debt-to-assets ratio shows fluctuations, with periods of both low and relatively higher debt levels. It is essential for stakeholders to monitor these changes to assess the company's leverage and financial risk over time.