Select Medical Holdings (SEM)
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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 7,689,630 | 7,684,010 | 7,701,870 | 7,699,740 | 7,665,290 | 7,554,980 | 7,551,660 | 7,535,940 | 7,360,170 | 7,899,470 | 7,956,380 | 7,920,780 | 7,655,400 | 7,659,880 | 7,468,460 | 7,115,570 | 7,340,290 | 7,154,760 | 7,106,940 | 7,021,490 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,689,630K
= 0.00
Select Medical Holdings Corporation's debt-to-assets ratio has remained relatively stable over the past eight quarters, ranging between 0.48 and 0.51. This ratio indicates that, on average, the company finances approximately 48% to 51% of its assets through debt. The slight fluctuations observed in the ratio suggest that the company has maintained a consistent balance between debt and assets in its capital structure. While a higher debt-to-assets ratio may indicate higher financial leverage and potential risk, the company's ratios in the range of 0.48 to 0.51 are generally considered moderate, suggesting a reasonable level of debt relative to its asset base.
Peer comparison
Dec 31, 2023