Omnicell Inc (OMCL)
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 | 2,120,960 | 2,303,590 | 2,291,660 | 2,283,760 | 2,226,880 | 2,221,580 | 2,193,870 | 2,250,840 | 2,210,760 | 2,179,680 | 2,131,460 | 2,122,590 | 2,142,500 | 2,051,470 | 1,960,990 | 1,886,620 | 1,824,500 | 1,719,280 | 1,222,450 | 1,231,650 |
| Total stockholders’ equity | US$ in thousands | 1,243,310 | 1,231,330 | 1,202,810 | 1,188,600 | 1,188,950 | 1,187,440 | 1,163,560 | 1,142,540 | 1,130,140 | 1,135,400 | 1,092,640 | 1,074,740 | 1,146,690 | 1,111,340 | 1,052,570 | 1,011,010 | 967,503 | 918,399 | 887,461 | 878,500 |
| Financial leverage ratio | 1.71 | 1.87 | 1.91 | 1.92 | 1.87 | 1.87 | 1.89 | 1.97 | 1.96 | 1.92 | 1.95 | 1.97 | 1.87 | 1.85 | 1.86 | 1.87 | 1.89 | 1.87 | 1.38 | 1.40 |
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 measures the company's level of debt relative to its equity. The financial leverage ratio has been fluctuating over the years based on the data provided. It stood at 1.40 as of March 31, 2020, and showed a slight decrease to 1.38 by June 30, 2020. Thereafter, the ratio increased significantly to 1.87 by September 30, 2020, and continued to hover around this level for the next few quarters.
The ratio slightly fluctuated between 1.86 to 1.97 throughout 2021 and 2022. By December 31, 2022, it decreased to 1.96 but increased again to 1.97 by March 31, 2023. The ratio then dropped back to 1.89 by June 30, 2023, and remained relatively stable around 1.87 for the rest of 2023 and the first half of 2024.
However, there was a slight increase to 1.92 by March 31, 2024, and maintained at 1.91 by June 30, 2024, and then dropped to 1.87 by September 30, 2024, and further decreased to 1.71 by December 31, 2024. Overall, the trend in the financial leverage ratio suggests that Omnicell Inc has been managing its debt levels and equity well, maintaining a relatively stable position with occasional fluctuations over the years.
Peer comparison
Dec 31, 2024