Omnicell Inc (OMCL)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,120,960 | 2,226,880 | 2,210,760 | 2,142,500 | 1,824,500 |
| Total stockholders’ equity | US$ in thousands | 1,243,310 | 1,188,950 | 1,130,140 | 1,146,690 | 967,503 |
| Financial leverage ratio | 1.71 | 1.87 | 1.96 | 1.87 | 1.89 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,120,960K ÷ $1,243,310K
= 1.71
Omnicell Inc's financial leverage ratio, which measures the proportion of the company's total assets that are financed by debt, has shown some fluctuations over the years. From December 31, 2020, to December 31, 2024, the financial leverage ratio ranged from 1.71 to 1.96.
The ratio decreased from 1.89 in 2020 to 1.71 in 2024, indicating a potential reduction in the company's reliance on debt financing relative to its total assets. This may suggest that Omnicell Inc has been managing its debt levels effectively or improving its asset base.
However, it is also worth noting that there was an increase in the ratio to 1.96 in 2022, which could indicate a temporary spike in debt relative to assets during that period.
Overall, the trend in Omnicell Inc's financial leverage ratio shows some variability, and further analysis of the company's debt management and asset utilization strategies would be needed to fully assess the implications of these fluctuations.
Peer comparison
Dec 31, 2024