HCA Holdings Inc (HCA)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 59,513,000 | 59,459,000 | 57,379,000 | 56,962,000 | 56,211,000 | 54,589,000 | 53,594,000 | 52,711,000 | 52,438,000 | 51,484,000 | 51,584,000 | 52,208,000 | 50,742,000 | 49,562,000 | 48,164,000 | 47,277,000 | 47,490,000 | 51,016,000 | 48,709,000 | 45,421,000 |
| Total stockholders’ equity | US$ in thousands | -2,499,000 | -2,182,000 | -1,600,000 | -1,615,000 | -1,774,000 | -2,477,000 | -2,303,000 | -2,495,000 | -2,767,000 | -3,370,000 | -3,680,000 | -2,033,000 | -933,000 | -695,000 | -593,000 | 247,000 | 572,000 | -974,000 | -1,786,000 | -2,962,000 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 191.40 | 83.02 | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $59,513,000K ÷ $-2,499,000K
= —
The financial leverage ratio for HCA Holdings Inc has shown variability over the reported periods. As of December 31, 2020, the financial leverage ratio stood at 83.02, indicating the company had a moderate level of debt in its capital structure. However, as of March 31, 2021, the ratio increased significantly to 191.40, suggesting a higher proportion of debt relative to equity in the company's capitalization. Subsequently, the financial leverage ratio was reported as unavailable for the periods between June 2020 and December 2024.
The sudden increase in the financial leverage ratio from December 2020 to March 2021 may signal a shift towards a more debt-heavy capital structure during that period. However, without data for the following quarters, it is challenging to assess the ongoing trend or the impact of this leverage level on the company's financial health and risk profile.
It is crucial for investors and stakeholders to monitor the financial leverage ratio regularly to understand HCA Holdings Inc's debt management practices and its ability to meet its financial obligations in the long run.
Peer comparison
Dec 31, 2024