DaVita HealthCare Partners Inc (DVA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 17,285,300 | 16,893,600 | 16,928,300 | 17,121,500 | 16,988,500 |
| Total stockholders’ equity | US$ in thousands | 121,122 | 1,056,100 | 712,326 | 755,508 | 1,383,570 |
| Financial leverage ratio | 142.71 | 16.00 | 23.76 | 22.66 | 12.28 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $17,285,300K ÷ $121,122K
= 142.71
The financial leverage ratio of DaVita HealthCare Partners Inc has shown significant fluctuations over the years. From December 31, 2020, to December 31, 2024, the ratio has ranged from 12.28 to 142.71. This indicates that the company's reliance on debt to finance its operations and growth has varied considerably.
The ratio peaked at 142.71 on December 31, 2024, suggesting a substantial increase in the proportion of debt used relative to equity. Such a high financial leverage ratio can indicate a high level of financial risk, as the company may have a significant debt burden to service.
On the other hand, the ratio dropped to 12.28 on December 31, 2020, which indicates a relatively lower level of leverage. This could suggest a more conservative approach to financing and lower financial risk.
Overall, the fluctuating trend in the financial leverage ratio of DaVita HealthCare Partners Inc highlights the importance of monitoring and managing the company's debt levels to maintain financial stability and sustainability. An in-depth analysis of the underlying reasons for these fluctuations would be essential to assess the company's financial health accurately.
Peer comparison
Dec 31, 2024