Option Care Health Inc (OPCH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,421,740 | 3,217,040 | 3,112,940 | 2,790,920 | 2,647,440 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,421,740K
= 0.00
Option Care Health Inc's debt-to-assets ratio has been consistently at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity and not by debt. This can be seen as a positive financial indicator, as it suggests that Option Care Health Inc is not heavily reliant on debt to fund its operations or expansion, potentially reducing financial risk and interest expenses.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Option Care Health Inc
OPCH
0.00
Adapthealth Corp
AHCO
0.44
Addus HomeCare Corporation
ADUS
0.15
Amedisys Inc
AMED
0.00
Chemed Corp
CHE
0.00