US Physicalrapy Inc (USPH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 142,530 | 138,991 | 175,831 | 117,587 | 16,596 |
| Total assets | US$ in thousands | 1,167,470 | 997,238 | 858,154 | 749,426 | 594,361 |
| Debt-to-assets ratio | 0.12 | 0.14 | 0.20 | 0.16 | 0.03 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $142,530K ÷ $1,167,470K
= 0.12
The debt-to-assets ratio of US Physicalrapy Inc has shown a fluctuating trend over the past five years. Starting at 0.03 in December 2020, the ratio increased to 0.16 by December 2021, indicating a higher proportion of debt relative to assets. Subsequently, in December 2022, the ratio further increased to 0.20, signaling a growth in debt levels compared to assets. However, by December 2023, there was a slight decrease in the ratio to 0.14, suggesting a possible reduction in debt or increase in assets. Finally, by December 2024, the ratio decreased to 0.12, continuing the downward trend observed in the preceding year. Overall, the fluctuation in the debt-to-assets ratio implies varying levels of leverage and financial risk for US Physicaltherapy Inc during the specified period.
Peer comparison
Dec 31, 2024