US Physicalrapy Inc (USPH)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,167,470 | 997,238 | 858,154 | 749,426 | 594,361 |
| Total stockholders’ equity | US$ in thousands | 488,929 | 476,194 | 315,793 | 295,606 | 276,160 |
| Financial leverage ratio | 2.39 | 2.09 | 2.72 | 2.54 | 2.15 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,167,470K ÷ $488,929K
= 2.39
The financial leverage ratio of US Physicalrapy Inc has shown a mixed trend over the past five years. Starting at 2.15 on December 31, 2020, the ratio increased to 2.54 by the end of 2021, indicating a higher level of financial leverage. This trend continued as the ratio further rose to 2.72 by December 31, 2022.
However, there was a reversal in the trend in the following year, as by December 31, 2023, the financial leverage ratio decreased to 2.09, showing a reduction in leverage compared to the previous year. Nonetheless, the ratio increased again to 2.39 by the end of 2024, although it remained below the peak in 2022.
Overall, the fluctuation in the financial leverage ratio of US Physicalrapy Inc suggests some variability in the company's capital structure and debt levels during the period analyzed. Further examination of the reasons behind these changes and their implications on the company's financial health would provide deeper insights into its financial management strategies.
Peer comparison
Dec 31, 2024