Chemed Corp (CHE)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 39,645 | 1,107,880 | 798,715 | 623,273 | 901,200 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $39,645K)
= 0.00
Chemed Corp has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any long-term debt to fund its operations or investments relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing, which can be viewed positively by investors and creditors as it signifies a lower financial risk and greater financial stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-capital ratio
Chemed Corp
CHE
0.00
Adapthealth Corp
AHCO
0.56
Addus HomeCare Corporation
ADUS
0.18
Amedisys Inc
AMED
0.00
Option Care Health Inc
OPCH
0.00