Addus HomeCare (FRA:A41) Debt-to-Equity

: 0.25 (As of Dec. 2023)

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Addus HomeCare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10.4 Mil. Addus HomeCare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €150.2 Mil. Addus HomeCare's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €648.0 Mil. Addus HomeCare's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Addus HomeCare's Debt-to-Equity or its related term are showing as below:

FRA:A41' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 0.46
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Addus HomeCare was 0.46. The lowest was 0.02. And the median was 0.21.

FRA:A41's Debt-to-Equity is ranked better than
63.44% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs FRA:A41: 0.25

Addus HomeCare Debt-to-Equity Historical Data

The historical data trend for Addus HomeCare's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Addus HomeCare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.46

0.28

0.25

Addus HomeCare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.25	0.20	0.32	0.25

Competitive Comparison

For the Medical Care Facilities subindustry, Addus HomeCare's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Addus HomeCare Debt-to-Equity Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Addus HomeCare's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Addus HomeCare's Debt-to-Equity falls into.

Addus HomeCare Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Addus HomeCare's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10.398	+	150.244)	/	648.038
	=	0.25

Addus HomeCare's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10.398	+	150.244)	/	648.038
	=	0.25

Addus HomeCare (FRA:A41) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Addus HomeCare Debt-to-Equity Related Terms

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Addus HomeCare (FRA:A41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Addus HomeCare Corp (FRA:A41) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ADUS:USA

Address

6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034

Website

https://www.addus.com

Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.

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