Privia Health Group Inc (PRVA)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | 31,507 | 31,688 | 31,664 | 31,893 | 32,293 |
| Total assets | US$ in thousands | 999,900 | 992,330 | 937,574 | 875,343 | 792,813 | 807,786 | 744,990 | 723,183 | 686,373 | 632,061 | 597,139 | 348,276 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 | 0.05 | 0.05 | 0.09 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $999,900K
= 0.00
The debt-to-assets ratio of Privia Health Group Inc has consistently been at 0.00 throughout Q1 to Q4 of 2023. This indicates that the company has not used any debt to finance its assets during this period. However, it's worth noting that there was a slight increase in the ratio in Q1 2022 to 0.04, which suggests that the company might have taken on some debt to fund its assets during that period. Overall, a consistent 0.00 debt-to-assets ratio in 2023 reflects a conservative financial approach by Privia Health Group Inc, as it is operating with minimal debt relative to its asset base.
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-assets ratio
Privia Health Group Inc
PRVA
0.00
US Physicalrapy Inc
USPH
0.14