Encompass Health Corp (EHC)
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 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 6,102,400 | 5,964,300 | 5,860,900 | 5,747,300 | 5,636,500 | 5,475,900 | 7,082,200 | 6,944,000 | 6,864,900 | 6,721,700 | 6,612,900 | 6,542,200 | 6,445,900 | 6,610,500 | 6,502,500 | 6,137,700 | 6,080,700 | 6,386,800 | 5,812,100 | 5,583,800 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 ÷ $6,102,400K
= 0.00
The debt-to-assets ratio of Encompass Health Corp has exhibited a consistent trend of decrease over the last four quarters, indicating a positive financial position in terms of debt management. The ratio has decreased from 0.49 in Q4 2022 to 0.44 in Q4 2023, reflecting a reduction in the proportion of debt relative to total assets. This downward trend suggests that the company is gradually becoming less reliant on debt funding and may be effectively managing its debt obligations in relation to its asset base. Overall, the decreasing trend in the debt-to-assets ratio signifies a healthier financial position for Encompass Health Corp.
Peer comparison
Dec 31, 2023