Chemed Corp (CHE)
Financial leverage ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,668,580 | 1,668,580 | 1,769,440 | 1,734,980 | 1,727,630 | 1,760,790 | 1,562,080 | 1,505,180 | 1,431,180 | 1,442,010 | 1,356,200 | 1,312,960 | 1,305,760 | 1,342,720 | 1,318,130 | 1,383,800 | 1,458,130 | 1,434,910 | 1,366,950 | 1,291,190 |
| Total stockholders’ equity | US$ in thousands | 1,118,990 | 1,118,990 | 1,235,760 | 1,207,300 | 1,183,500 | 1,107,880 | 1,019,240 | 952,079 | 880,053 | 798,715 | 721,416 | 684,960 | 666,705 | 623,273 | 779,719 | 870,774 | 928,884 | 901,200 | 801,408 | 750,696 |
| Financial leverage ratio | 1.49 | 1.49 | 1.43 | 1.44 | 1.46 | 1.59 | 1.53 | 1.58 | 1.63 | 1.81 | 1.88 | 1.92 | 1.96 | 2.15 | 1.69 | 1.59 | 1.57 | 1.59 | 1.71 | 1.72 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,668,580K ÷ $1,118,990K
= 1.49
The financial leverage ratio of Chemed Corp has shown some fluctuations over the past few years. The data indicates that the financial leverage ratio has been declining since June 30, 2022 until March 31, 2024, before slightly increasing again by December 31, 2024.
Overall, the trend suggests that the company had a moderate level of financial leverage, with the ratio ranging from 1.43 to 2.15 during the period covered by the data. A lower financial leverage ratio indicates that the company is relying less on debt to finance its operations and investments, which can be seen as a positive sign of financial stability.
However, it's important to further analyze the reasons behind the fluctuations in the financial leverage ratio to understand the company's capital structure, debt management, and overall financial health.
Peer comparison
Mar 31, 2025