Hims Hers Health Inc (HIMS)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 707,539 | 441,186 | 366,341 | 420,585 | 118,697 |
| Total stockholders’ equity | US$ in thousands | 476,716 | 344,029 | 311,741 | 334,619 | -146,874 |
| Financial leverage ratio | 1.48 | 1.28 | 1.18 | 1.26 | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $707,539K ÷ $476,716K
= 1.48
The financial leverage ratio of Hims Hers Health Inc has shown a fluctuating trend over the past five years. The ratio was not available for 2020. In 2021, the ratio was 1.26, indicating that the company had $1.26 in debt for every $1 of equity. This ratio decreased slightly to 1.18 in 2022, suggesting a lower reliance on debt financing relative to equity. However, in 2023, the ratio increased to 1.28, indicating a slight uptick in leverage. The most significant increase was observed in 2024, with the ratio reaching 1.48, signifying a higher level of debt in the capital structure compared to equity. Overall, the trend suggests some variability in the company's leverage position, which may have implications for its risk and financial stability.
Peer comparison
Dec 31, 2024