HealthStream Inc (HSTM)
Solvency ratios
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.47 | 1.46 | 1.45 | 1.50 | 1.49 | 1.46 | 1.46 | 1.50 | 1.44 | 1.45 | 1.46 | 1.49 | 1.50 | 1.42 | 1.41 | 1.44 | 1.45 | 1.44 | 1.45 | 1.49 |
Based on the provided solvency ratios of Healthstream Inc, it is evident that the company has consistently maintained a low level of debt relative to its assets, capital, and equity over the past eight quarters. The debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio have all been consistently at 0.00, indicating that the company has not relied heavily on debt to finance its operations.
In terms of the financial leverage ratio, Healthstream Inc has shown slight fluctuations over the quarters but has generally stayed within a narrow range between 1.45 to 1.50. This suggests that the company's level of financial leverage, or the proportion of debt used in its capital structure, has been relatively stable.
Overall, the solvency ratios indicate that Healthstream Inc has maintained a conservative approach to its capital structure, with a low reliance on debt financing. This prudent financial management strategy may help the company mitigate financial risks and maintain a strong financial position in the long term.
Coverage ratios
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | — | 4.98 | 3.57 | 3.37 | 2.55 | 8.70 | 31.85 | — | — | — | — | — | 720.72 | 365.33 | 204.89 | 144.32 | 130.48 | 131.61 | 146.42 |
I'm sorry, but without the actual data for interest coverage in the financial statements of Healthstream Inc for the specified periods, I am unable to provide a detailed analysis. In order to assess the company's ability to cover its interest expenses, the interest coverage ratio would need to be calculated as Earnings Before Interest and Taxes (EBIT) divided by the Interest Expense. This ratio indicates how easily a company can pay interest on its outstanding debt, with a higher ratio indicating a stronger ability to cover interest payments. If you are able to provide the specific interest coverage values for the periods mentioned, I would be happy to assist in analyzing the trend and implications for Healthstream Inc.