Privia Health Group Inc (PRVA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,135,780 | 999,900 | 792,813 | 686,373 | 328,969 |
| Total stockholders’ equity | US$ in thousands | 635,183 | 561,437 | 499,094 | 426,872 | 146,748 |
| Financial leverage ratio | 1.79 | 1.78 | 1.59 | 1.61 | 2.24 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,135,780K ÷ $635,183K
= 1.79
The financial leverage ratio of Privia Health Group Inc has shown a decreasing trend over the period from December 31, 2020, to December 31, 2024. The ratio has declined from 2.24 in 2020 to 1.79 in 2024. This indicates that the company's reliance on debt to finance its operations has reduced over the years. A decreasing financial leverage ratio suggests that the company is becoming less dependent on debt financing and may indicate a strengthening financial position. However, it is important to further analyze the components of the ratio and assess the overall financial health of the company to fully understand the implications of this trend.
Peer comparison
Dec 31, 2024