Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) LT-Debt-to-Total-Asset : 0.80 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Aveanna Healthcare Holdings 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. Aveanna Healthcare Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.80.

Aveanna Healthcare Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.76) to Mar. 2024 (0.80). It may suggest that Aveanna Healthcare Holdings is progressively becoming more dependent on debt to grow their business.

Aveanna Healthcare Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aveanna Healthcare Holdings'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.

* Premium members only.

Aveanna Healthcare Holdings LT-Debt-to-Total-Asset Chart

Aveanna Healthcare Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.67

0.65

0.55

0.78

0.82

Aveanna Healthcare Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.76	0.76	0.80	0.82	0.80

Aveanna Healthcare Holdings LT-Debt-to-Total-Asset Calculation

Aveanna Healthcare Holdings'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 )
	=	1316.159	/	1612.985
	=	0.82

Aveanna Healthcare Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1314.264	/	1642.952
	=	0.80

Aveanna Healthcare Holdings (NAS:AVAH) 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.

Aveanna Healthcare Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Aveanna Healthcare Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aveanna Healthcare Holdings Inc (NAS:AVAH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Interstate North Parkway SE, Suite 1600, Atlanta, GA, USA, 30339

Website

https://www.aveanna.com

Aveanna Healthcare Holdings Inc is a diversified home care platform that provides care to medically complex, high-cost patient populations. It directly addresses the pressing challenges facing the U.S. healthcare system by providing safe, high-quality care in the home. The firm provides its services through three segments: Private Duty Services (PDS); Home Health & Hospice (HHH); and Medical Solutions (MS). Private Duty Services include private duty nursing (PDN) and pediatric therapy services. HHH segment provides home health, hospice, and specialty program services to elderly populations seeking compassionate care and assistance with activities of daily living in the home. MS segment provides needed supplies to patients requiring enteral nutrition services or respiratory care.

Executives

Deborah Stewart	officer: SVP, Chief Accounting Officer	400 INTERSTATE NORTH PARKWAY SE, ATLANTA GA 30339
Matthew Buckhalter	officer: See Remarks	400 INTERSTATE NORTH PARKWAY SE, SUITE 1600, ATLANTA GA 30339
Victor F Ganzi	director
David Afshar	officer: Chief Financial Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Patrick A. Cunningham	officer: Chief Compliance Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Edwin C. Reisz	officer: Chief Administrative Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Jeff Shaner	officer: Chief Operating Officer	3350 RIVERWOOD PARKWAY SUITE 1400, ATLANTA GA 30339
Tony Strange	director, officer: Chief Executive Officer	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Rodney D Windley	director, officer: Executive Chairman	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Steven E Rodgers	director
Erica Schwartz	director	400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
Bcip Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Whitney Strategic Partners Vii, L.p.	10 percent owner	130 MAIN STREET, NEW CANAAN CT 06840
Bcip T Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bcip T Associates Iv (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116