Addus HomeCare Balance Sheet Health
Financial Health criteria checks 5/6
Addus HomeCare has a total shareholder equity of $706.7M and total debt of $124.1M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are $1.0B and $317.7M respectively. Addus HomeCare's EBIT is $97.0M making its interest coverage ratio 10.1. It has cash and short-term investments of $64.8M.
Key information
17.6%
Debt to equity ratio
US$124.13m
Debt
Interest coverage ratio | 10.1x |
Cash | US$64.79m |
Equity | US$706.69m |
Total liabilities | US$317.73m |
Total assets | US$1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A41's short term assets ($200.0M) exceed its short term liabilities ($145.1M).
Long Term Liabilities: A41's short term assets ($200.0M) exceed its long term liabilities ($172.6M).
Debt to Equity History and Analysis
Debt Level: A41's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: A41's debt to equity ratio has increased from 6.4% to 17.6% over the past 5 years.
Debt Coverage: A41's debt is well covered by operating cash flow (90.4%).
Interest Coverage: A41's interest payments on its debt are well covered by EBIT (10.1x coverage).