Encompass Health Corp (EHC)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,647,500 | 1,560,400 | 1,475,300 | 1,383,500 | 1,310,300 | 1,217,000 | 2,003,000 | 1,973,500 | 1,911,300 | 1,842,700 | 1,762,000 | 1,655,100 | 1,588,000 | 1,520,800 | 1,462,800 | 1,443,900 | 1,352,200 | 1,333,100 | 1,275,900 | 1,314,300 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,647,500K
= 0.00
The debt-to-equity ratio of Encompass Health Corp has been fluctuating over the past eight quarters, ranging from 1.64 to 2.26. A high debt-to-equity ratio signifies that the company is relying more on debt to finance its operations compared to equity. The increasing trend from Q1 2022 to Q4 2022 indicates a growing reliance on debt, which could potentially increase financial risk and interest obligations. However, the ratio decreased in Q1 2023 and continued to decline in subsequent quarters, which may indicate a shift towards a more balanced capital structure or a reduction in debt levels. Overall, monitoring this ratio is crucial to assess the company's financial leverage and sustainability.
Peer comparison
Dec 31, 2023