US Physical Therapy (US Physical Therapy) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2023)

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What is US Physical Therapy LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. US Physical Therapy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.22.

US Physical Therapy's long-term debt to total assets ratio declined from Dec. 2022 (0.30) to Dec. 2023 (0.22). It may suggest that US Physical Therapy is progressively becoming less dependent on debt to grow their business.

US Physical Therapy LT-Debt-to-Total-Asset Historical Data

The historical data trend for US Physical Therapy's LT-Debt-to-Total-Asset 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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US Physical Therapy LT-Debt-to-Total-Asset Chart

US Physical Therapy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.13

0.26

0.30

0.22

US Physical Therapy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.30	0.22	0.22	0.22

US Physical Therapy LT-Debt-to-Total-Asset Calculation

US Physical Therapy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	215.644	/	997.238
	=	0.22

US Physical Therapy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	215.644	/	997.238
	=	0.22

US Physical Therapy (NYSE:USPH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

US Physical Therapy LT-Debt-to-Total-Asset Related Terms

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US Physical Therapy (US Physical Therapy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » US Physical Therapy Inc (NYSE:USPH) » Definitions » LT-Debt-to-Total-Asset

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UPH:Germany

Address

1300 West Sam Houston Parkway South, Suite 300, Houston, TX, USA, 77042

Website

https://www.usph.com

US Physical Therapy Inc through its subsidiaries operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The principal sources of payment for the clinics' services are managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and proceeds from personal injury cases. Its operating segment includes Physical therapy operations and Industrial injury prevention services. The company generates maximum revenue from the Physical therapy operations segment.

Executives

Clayton Trier	director	1300 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 300, HOUSTON TX 77042
Kathleen A Gilmartin	director	1300 W SAM HOUSTON PKWY S, SUITE 300, HOUSTON TX 77042
Nancy Ham	director	U.S. PHYSICAL THERAPY INC., 1300 W SAM HOUSTON PARKWAY - SUITE 100, HOUSTON TX 77042
Richard Binstein	officer: EVP Gen'l Counsel & Secretary	3733 ROSEMONT PASS, NEWTOWN SQUARE PA 19037
Edward L Kuntz	director
Graham D. Reeve	officer: COO	1300 W. SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Harris Bernard A Jr	director	3411 ERIN KNOLL CT, HOUSTON TX 77059
Carey P Hendrickson	officer: Chief Financial Officer, other: Effective 11/9/2020	400 S. RECORD STREET, DALLAS TX 75202
Eric Joseph Williams	officer: Chief Operations Officer	1300 SAM HOUSTON PARKWAY W, SUITE 300, HOUSTON TX 77042
Harry S Chapman	director	4626 DRAKE FALLS COURT, KATY TX 77450
Christopher J Reading	officer: Chief Operating Officer
Mark J Brookner	director	1300 W SAM HOUSTON PARKWAY S, STE 300, HOUSTON TX 77042
Regg E. Swanson	director, Director	1737 BURKE HOLLOW ROAD, NOLENSVILLE TN 37037
Anne Motsenbocker	director	1300 W SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Glenn Mcdowell	officer: Chief Operating Officer	1300 W. SAM HOUSTON PKWY S., SUITE 300, HOUSTON TX 77042