Option Care Health Inc (OPCH)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,056,650 | 1,057,020 | 1,057,390 | 1,057,790 | 1,058,200 | 1,058,610 | 1,059,020 | 1,059,450 | 1,059,900 | 1,117,820 | 1,119,460 | 1,121,140 | 1,115,100 | 1,162,840 | 1,275,380 | 1,276,330 | 1,277,250 | 1,259,460 | 200,083 | 511,818 |
| Total stockholders’ equity | US$ in thousands | 1,421,670 | 1,440,080 | 1,475,380 | 1,350,220 | 1,386,100 | 1,337,340 | 1,284,990 | 1,221,760 | 1,175,890 | 1,097,480 | 1,056,610 | 1,018,080 | 1,015,720 | 993,496 | 867,966 | 870,493 | 906,827 | 921,682 | 584,146 | 597,171 |
| Debt-to-equity ratio | 0.74 | 0.73 | 0.72 | 0.78 | 0.76 | 0.79 | 0.82 | 0.87 | 0.90 | 1.02 | 1.06 | 1.10 | 1.10 | 1.17 | 1.47 | 1.47 | 1.41 | 1.37 | 0.34 | 0.86 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,056,650K ÷ $1,421,670K
= 0.74
Option Care Health Inc.'s debt-to-equity ratio demonstrates a slight fluctuation over the most recent quarters, ranging from 0.72 to 0.79. The trend suggests a moderate level of leverage, indicating that the company relies more on debt financing compared to equity. Although the ratio has not shown significant volatility, it is essential to monitor as higher levels of debt relative to equity could indicate increased financial risk and potential constraints on future growth opportunities. Additionally, a decreasing trend in the ratio may hint at the company actively repaying debt, improving its financial stability over time.
Peer comparison
Dec 31, 2023