Answer
The press release you quoted (the Addus HomeCare Q2 2025 results) does not include any figures on the company’s current debt load (e.g., total debt, long‑term debt, or short‑term borrowings) nor does it provide the net leverage ratio (i.e., Net Debt / EBITDA or Net Debt / Adjusted EBITDA).
Below is a concise explanation of why the answer cannot be derived from the information you provided, together with guidance on where you can typically find those metrics for a publicly‑traded company like Addus HomeCare (NASDAQ: ADUS).
1. What the release does contain
| Metric | Q2 2025 (as reported) |
|---|---|
| Net Service Revenues | $349.4 million (↑ 21.8 % YoY) |
| Net Income | $22.1 million (≈ $1.20 per diluted share) |
| Adjusted Net Income per Diluted Share | $1.49 (↑ 10.4 % YoY) |
| Adjusted EBITDA | $43.9 million (↑ 24.5 % YoY) |
| Cash Flow | (truncated in the excerpt) |
These are the only quantitative figures disclosed in the excerpt you posted.
2. Why the debt‑related numbers are missing
- Debt Load (total debt, net debt, or any breakdown of interest‑bearing liabilities) is usually presented in the “Balance Sheet” section of a earnings release or in the accompanying 10‑Q/10‑K filing.
- Net Leverage Ratio is a derived metric that requires both a debt figure (typically Net Debt = Total Debt – Cash & Cash Equivalents) and an earnings figure (usually Adjusted EBITDA). Since the release only supplies Adjusted EBITDA and no debt data, the ratio cannot be calculated.
3. Where to locate the missing data
- SEC Filings (Form 10‑Q for Q2 2025) – The quarterly report filed with the SEC will contain a complete balance sheet, showing:
- Short‑term borrowings
- Long‑term debt (principal, current portion)
- Cash and cash equivalents
- Other interest‑bearing liabilities
From those numbers you can compute Net Debt and then the Net Leverage Ratio:
[
\text{Net Leverage Ratio} = \frac{\text{Net Debt}}{\text{Adjusted EBITDA}}
]
Full Press Release – The complete Business Wire announcement (beyond the truncated excerpt) often includes a “Liquidity and Capital Resources” paragraph that lists total debt and cash balances.
Investor Presentations / Conference Call Transcript – Management sometimes discusses debt‑management strategy and may disclose the current debt balance and leverage targets.
Financial Data Platforms (e.g., Bloomberg, FactSet, S&P Capital IQ) – These services pull the latest balance‑sheet figures from the SEC filings and often display the net leverage ratio as a pre‑calculated metric.
4. How to calculate the ratio once you have the numbers
If you obtain the following (hypothetical) figures from the 10‑Q:
| Item | Amount |
|---|---|
| Total interest‑bearing debt (short‑term + long‑term) | $150 million |
| Cash & cash equivalents | $45 million |
| Adjusted EBITDA (Q2 2025) | $43.9 million |
Step 1 – Net Debt
[
\text{Net Debt} = \text{Total Debt} - \text{Cash} = 150\text{M} - 45\text{M} = 105\text{M}
]
Step 2 – Net Leverage Ratio
[
\text{Net Leverage Ratio} = \frac{105\text{M}}{43.9\text{M}} \approx 2.39\times
]
Note: The actual numbers will differ; you will need to replace the placeholders with the real values from the SEC filing.
5. Bottom line
- The current debt load and net leverage ratio are not disclosed in the excerpt you provided.
- To obtain them, consult Addus HomeCare’s Q2 2025 Form 10‑Q (filed with the SEC) or the full press release that includes the “Liquidity” section.
- Once you have the total debt and cash balances, you can compute Net Debt and then the Net Leverage Ratio using the Adjusted EBITDA figure already given ($43.9 million).
If you retrieve the SEC filing and share the balance‑sheet numbers here, I can walk you through the exact calculation step‑by‑step.