HCA Holdings Inc (HCA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 59,513,000 | 56,211,000 | 52,438,000 | 50,742,000 | 47,490,000 |
| Total stockholders’ equity | US$ in thousands | -2,502,000 | -1,774,000 | -2,767,000 | -933,000 | 572,000 |
| Financial leverage ratio | — | — | — | — | 83.02 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $59,513,000K ÷ $-2,502,000K
= —
The financial leverage ratio for HCA Holdings Inc was 83.02 as of December 31, 2020. This indicates that the company relies more on debt financing rather than equity to fund its operations and growth. However, the ratios for the subsequent years (2021, 2022, 2023, 2024) are not available. A high financial leverage ratio can increase the risk for the company, as it means a larger portion of its operations are funded by debt, which could lead to higher interest expenses and financial instability, especially in times of economic downturns. It would be important to monitor the trend of this ratio in the upcoming years to assess the company's financial risk and sustainability.
Peer comparison
Dec 31, 2024