Enhabit Inc. (EHAB)

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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—
Total assets	US$ in thousands	1,433,600	1,450,900	1,426,200	1,527,000	1,526,800	1,622,900	1,621,400
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,433,600K
= 0.00

The debt-to-assets ratio of Enhabit Inc. has consistently been 0.00 across all reported periods from Dec 31, 2022, to Dec 31, 2023. This indicates that the company has not utilized any debt to finance its assets during this time frame. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely funded by its equity, indicating a strong financial position with no reliance on borrowed funds for its operations or investments. Enhabit Inc. appears to have a conservative capital structure, which may suggest a lower financial risk and potentially higher creditworthiness.