Enhabit Inc. (EHAB)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	669,700	676,600	675,200	744,300	741,700	835,400	822,300
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $669,700K)
= 0.00

The debt-to-capital ratio for Enhabit Inc. has consistently remained at 0.00 for the past seven quarters, indicating that the company has not utilized debt as a source of funding in relation to its overall capital structure during this period. This suggests that Enhabit Inc. has primarily relied on equity financing to support its operations and growth, potentially indicating a conservative financial strategy. It is essential to note that a low debt-to-capital ratio may signify a lower level of financial risk as the company may have less financial leverage compared to peers with higher debt ratios. However, further analysis and consideration of the company's overall financial health, profitability, and cash flow dynamics are recommended to obtain a comprehensive assessment of Enhabit Inc.'s financial standing.