Select Medical Holdings (SEM)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,607,950 | 8,002,660 | 7,875,300 | 7,858,260 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,986,930 | 1,915,190 | 1,416,590 | 1,367,280 | 1,288,300 | 1,523,390 | 1,246,040 | 1,418,440 | 1,317,530 | 1,105,600 | 1,071,410 | 1,138,140 | 1,325,900 | 1,145,500 | 1,234,220 | 1,145,980 | 1,060,480 | 1,038,590 | 992,883 | 808,638 |
| Financial leverage ratio | 2.82 | 4.18 | 5.56 | 5.75 | 5.97 | 5.04 | 6.18 | 5.43 | 5.82 | 6.83 | 7.05 | 6.62 | 5.55 | 6.90 | 6.45 | 6.91 | 7.22 | 7.38 | 7.52 | 8.80 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,607,950K ÷ $1,986,930K
= 2.82
The financial leverage ratio of Select Medical Holdings has been declining steadily over the past few years, indicating an improving financial position in terms of leverage. The ratio decreased from 8.80 on March 31, 2020, to 2.82 on December 31, 2024. This trend suggests that the company has been reducing its reliance on debt to finance its operations and investments, which can enhance its financial stability and flexibility. A lower financial leverage ratio generally indicates less financial risk and better ability to meet its debt obligations. Select Medical Holdings' decreasing financial leverage ratio reflects a positive trend in its financial health and capital structure.
Peer comparison
Dec 31, 2024