HCA Holdings Inc (HCA)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 56,211,000 | 52,438,000 | 50,742,000 | 47,490,000 | 45,058,000 |
| Total stockholders’ equity | US$ in thousands | -1,774,000 | -2,767,000 | -933,000 | 572,000 | -2,808,000 |
| Financial leverage ratio | — | — | — | 83.02 | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $56,211,000K ÷ $-1,774,000K
= —
The financial leverage ratio for HCA Healthcare Inc could not be calculated for the years 2023, 2022, and 2021 based on the provided data. However, in 2020, the financial leverage ratio stood at 83.02. This indicates that in 2020, HCA Healthcare Inc relied more on debt financing compared to equity financing to support its operations and growth. The ratio suggests that a significant portion of the company's assets were funded by debt rather than by equity. Unfortunately, without data for other years, it is challenging to assess the trend or make a comparative analysis of the company's financial leverage position over the years.
Peer comparison
Dec 31, 2023