Hims Hers Health Inc (HIMS)
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 | 707,539 | 602,261 | 480,500 | 448,106 | 441,186 | 413,865 | 389,884 | 376,306 | 366,341 | 382,827 | 379,965 | 382,039 | 420,585 | 420,069 | 347,699 | 345,900 | 118,697 | 205,814 | 206,201 | 206,287 |
| Total stockholders’ equity | US$ in thousands | 476,716 | 440,051 | 361,966 | 344,482 | 344,029 | 328,562 | 320,071 | 312,745 | 311,741 | 310,946 | 319,059 | 327,715 | 334,619 | 355,153 | 293,054 | 292,466 | -146,874 | -143,341 | -138,949 | -139,953 |
| Financial leverage ratio | 1.48 | 1.37 | 1.33 | 1.30 | 1.28 | 1.26 | 1.22 | 1.20 | 1.18 | 1.23 | 1.19 | 1.17 | 1.26 | 1.18 | 1.19 | 1.18 | — | — | — | — |
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 been showing an increasing trend over the years, starting at 1.18 as of March 31, 2021, and reaching 1.48 by December 31, 2024. This indicates that the company has been gradually taking on more debt to finance its operations or investments relative to its equity. A higher financial leverage ratio suggests a higher level of financial risk as the company relies more on borrowed funds, which could amplify returns in good times but also increase the vulnerability to downturns.
It is essential for investors and stakeholders to closely monitor the financial leverage ratio of Hims Hers Health Inc, as a continued upward trajectory could potentially signal increased financial risk and greater susceptibility to economic uncertainties or market fluctuations. Additionally, it is crucial for the company to manage its debt effectively to ensure sustainable growth and financial stability in the long term.
Peer comparison
Dec 31, 2024