Molina Healthcare Inc (MOH)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 15,630,000 | 14,892,000 | 12,314,000 | 12,209,000 | 9,532,000 |
| Total stockholders’ equity | US$ in thousands | 4,496,000 | 4,215,000 | 2,964,000 | 2,630,000 | 2,096,000 |
| Financial leverage ratio | 3.48 | 3.53 | 4.15 | 4.64 | 4.55 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $15,630,000K ÷ $4,496,000K
= 3.48
The financial leverage ratio of Molina Healthcare Inc has been fluctuating over the past five years, starting at 4.55 in December 31, 2020, increasing to 4.64 in December 31, 2021, then decreasing to 4.15 in December 31, 2022, followed by a notable drop to 3.53 in December 31, 2023, and further decreasing to 3.48 in December 31, 2024. This ratio indicates the company's level of financial leverage and its dependence on debt financing. The decreasing trend from 2022 to 2024 may suggest that Molina Healthcare Inc is relying less on debt to finance its operations, which could potentially reduce financial risk and improve financial stability in the future.
Peer comparison
Dec 31, 2024