Omnicell Inc (OMCL)

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	0.26	0.26	0.26	0.25	0.26	0.26	0.27	0.00	0.00	0.24	0.24	0.25	0.26	0.27	0.00	0.00	0.04	0.06	0.06	0.08
Debt-to-capital ratio	0.32	0.32	0.33	0.33	0.33	0.33	0.34	0.00	0.00	0.30	0.31	0.32	0.33	0.33	0.00	0.00	0.06	0.09	0.09	0.12
Debt-to-equity ratio	0.48	0.48	0.49	0.50	0.50	0.50	0.52	0.00	0.00	0.43	0.45	0.47	0.48	0.50	0.00	0.00	0.06	0.10	0.10	0.13
Financial leverage ratio	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	1.47	1.54	1.55	1.61

Omnicell, Inc. has maintained relatively stable solvency ratios over the past eight quarters. The debt-to-assets ratio has been consistent around 0.26, indicating that approximately 26% of the company's assets are financed by debt. This suggests that Omnicell is effectively managing its debt levels in relation to its total assets.

The debt-to-capital ratio and debt-to-equity ratio have also remained steady, with values hovering around 0.32 to 0.34 and 0.48 to 0.53, respectively. These ratios indicate the proportion of the company's capital or equity that is funded by debt, with the figures showing a conservative approach to leverage.

The financial leverage ratio, which measures the company's total assets relative to its equity, has fluctuated slightly but generally remained within a narrow range from 1.87 to 1.97. This suggests that Omnicell has maintained a stable capital structure over the analyzed period.

Overall, the solvency ratios of Omnicell, Inc. demonstrate a prudent approach to managing debt and leverage, indicating a strong financial position and the ability to meet its debt obligations comfortably.

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	-7.93	-11.92	-8.41	-7.28	-0.56	5.46	4.43	4.24	4.06	4.50	4.62	3.71	5.58	23.39	32.49	31.10	21.76	—	98.19	33.40

I'm sorry, but the data provided for Omnicell, Inc. interest coverage is missing for all quarters listed. Without this essential information, a comprehensive analysis of the interest coverage ratio cannot be conducted. To perform an in-depth assessment of Omnicell, Inc.'s interest coverage, we would need the interest expense and the company's earnings before interest and taxes (EBIT) for each quarter. This data is crucial to calculate the interest coverage ratio, which helps assess a company's ability to meet its interest payments from its operating income.