R1 RCM Inc (RCM)
Financial leverage ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,960,200 | 5,040,100 | 4,876,800 | 3,425,600 | 5,121,800 | 5,081,100 | 5,075,300 |
| Total stockholders’ equity | US$ in thousands | 2,751,400 | 2,743,400 | 2,725,000 | 2,702,700 | 2,702,500 | 2,749,200 | 2,733,600 |
| Financial leverage ratio | 1.80 | 1.84 | 1.79 | 1.27 | 1.90 | 1.85 | 1.86 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,960,200K ÷ $2,751,400K
= 1.80
The financial leverage ratio of R1 RCM Inc. has shown some fluctuation over the past eight quarters. The ratio ranged from 1.80 to 1.89 in the most recent quarters, indicating a relatively stable level of leverage during this period. However, there was a significant spike in the ratio to 3.92 in Q1 2022, which could be a cause for concern as it suggests a substantial increase in the level of financial leverage at that particular point in time.
Overall, the trend in the financial leverage ratio for R1 RCM Inc. appears to be relatively stable, with occasional fluctuations. It would be important for stakeholders to monitor the company's leverage levels closely, particularly following the notable increase observed in Q1 2022, to ensure the company maintains a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2023