Privia Health Group Inc (PRVA)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,135,780,000 | 1,145,560 | 1,077,620 | 1,031,590 | 999,900 | 992,330 | 937,574 | 875,343 | 792,813 | 807,786 | 744,990 | 723,183 | 686,373 | 632,061 | 597,139 | 348,276 | 328,969 |
| Total stockholders’ equity | US$ in thousands | 635,183,000 | 614,886 | 595,407 | 576,800 | 561,437 | 544,681 | 525,232 | 513,276 | 499,094 | 470,186 | 445,155 | 435,042 | 426,872 | 410,600 | 393,300 | 152,247 | 146,748 |
| Financial leverage ratio | 1.79 | 1.86 | 1.81 | 1.79 | 1.78 | 1.82 | 1.79 | 1.71 | 1.59 | 1.72 | 1.67 | 1.66 | 1.61 | 1.54 | 1.52 | 2.29 | 2.24 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,135,780,000K ÷ $635,183,000K
= 1.79
The financial leverage ratio of Privia Health Group Inc has shown fluctuations over the period from December 31, 2020, to December 31, 2024. The financial leverage ratio measures the company's reliance on debt financing relative to its equity.
From the data provided, we can observe that the financial leverage ratio was at its highest at 2.29 on March 31, 2021, indicating that the company had a higher proportion of debt in its capital structure compared to equity at that point. Subsequently, the ratio started decreasing and reached its lowest point at 1.52 on June 30, 2021, suggesting a decrease in debt reliance and a stronger equity position relative to the company's assets.
After June 30, 2021, the financial leverage ratio began to gradually increase, indicating a shift towards higher debt utilization compared to equity. The ratio fluctuated within a range of 1.52 to 1.86 from June 30, 2021, to December 31, 2024, with some minor fluctuations in between.
Overall, the trend in Privia Health Group Inc's financial leverage ratio reflects varying levels of leverage and debt financing over the period, which may indicate strategic decisions regarding capital structure and funding requirements. It is essential for the company to manage its financial leverage effectively to balance risk and return, ensuring sustainable growth and financial stability.
Peer comparison
Dec 31, 2024