U.S. Physical Therapy, Inc. (USPH) — Net Asset Quality Index
U.S. Physical Therapy, Inc. (USPH) has a Net Asset Quality Index of 63.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.24 Billion minus total liabilities of $459.19 Million yields net assets of $782.87 Million. A higher index indicates a stronger, lower-leverage balance sheet. See USPH days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
U.S. Physical Therapy, Inc. Net Asset Quality Index Over Time (1991–2025)
This chart shows how U.S. Physical Therapy, Inc.'s Net Asset Quality Index has evolved across 35 annual periods from 1991 to 2025. As of March 2026, the index stands at 63.0%, representing net assets of $782.87 Million against total assets of $1.24 Billion USD. Explore U.S. Physical Therapy, Inc. (USPH) cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for U.S. Physical Therapy, Inc. (1991–2025)
The table below presents the year-by-year Net Asset Quality Index for U.S. Physical Therapy, Inc. from 1991 to 2025, covering 35 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of U.S. Physical Therapy, Inc..
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 64.0% | $770.20 Million | $1.20 Billion | $433.81 Million | ▼ -1.0 pp |
| 2024 | 65.0% | $759.05 Million | $1.17 Billion | $408.42 Million | ▼ -0.4 pp |
| 2023 | 65.4% | $652.24 Million | $997.24 Million | $345.00 Million | ▲ +8.9 pp |
| 2022 | 56.5% | $484.57 Million | $858.15 Million | $373.59 Million | ▼ -3.9 pp |
| 2021 | 60.4% | $452.44 Million | $749.43 Million | $296.98 Million | ▼ -8.6 pp |
| 2020 | 69.0% | $409.97 Million | $594.36 Million | $184.39 Million | ▲ +1.3 pp |
| 2019 | 67.7% | $379.45 Million | $560.85 Million | $181.39 Million | ▼ -11.5 pp |
| 2018 | 79.2% | $350.82 Million | $443.17 Million | $92.35 Million | ▲ +5.4 pp |
| 2017 | 73.7% | $308.97 Million | $418.98 Million | $110.01 Million | ▲ +0.3 pp |
| 2016 | 73.4% | $257.88 Million | $351.23 Million | $93.35 Million | ▲ +1.3 pp |
| 2015 | 72.1% | $201.95 Million | $279.91 Million | $77.96 Million | ▲ +0.8 pp |
| 2014 | 71.4% | $174.59 Million | $244.55 Million | $69.96 Million | ▲ +2.2 pp |
| 2013 | 69.2% | $155.12 Million | $224.13 Million | $69.01 Million | ▼ -9.2 pp |
| 2012 | 78.4% | $134.66 Million | $171.71 Million | $37.05 Million | ▲ +3.9 pp |
| 2011 | 74.5% | $121.58 Million | $163.25 Million | $41.67 Million | ▼ -8.1 pp |
| 2010 | 82.6% | $116.38 Million | $140.86 Million | $24.48 Million | ▼ -0.3 pp |
| 2009 | 82.9% | $92.22 Million | $111.25 Million | $19.03 Million | ▲ +8.6 pp |
| 2008 | 74.3% | $87.82 Million | $118.25 Million | $30.43 Million | ▼ -3.7 pp |
| 2007 | 78.0% | $75.06 Million | $96.25 Million | $21.20 Million | ▼ -5.1 pp |
| 2006 | 83.1% | $59.39 Million | $71.46 Million | $12.07 Million | ▼ -1.8 pp |
| 2005 | 84.9% | $56.50 Million | $66.52 Million | $10.02 Million | ▼ -1.9 pp |
| 2004 | 86.8% | $53.49 Million | $61.61 Million | $8.12 Million | ▼ -2.0 pp |
| 2003 | 88.9% | $46.62 Million | $52.47 Million | $5.85 Million | ▲ +2.2 pp |
| 2002 | 86.7% | $35.56 Million | $41.03 Million | $5.47 Million | ▲ +4.0 pp |
| 2001 | 82.7% | $29.91 Million | $36.18 Million | $6.27 Million | ▲ +28.6 pp |
| 2000 | 54.1% | $12.42 Million | $22.97 Million | $10.55 Million | ▼ -2.1 pp |
| 1999 | 56.1% | $13.10 Million | $23.35 Million | $10.24 Million | ▲ +0.9 pp |
| 1998 | 55.2% | $13.30 Million | $24.10 Million | $10.80 Million | ▲ +3.6 pp |
| 1997 | 51.6% | $11.60 Million | $22.50 Million | $10.90 Million | ▲ +7.5 pp |
| 1996 | 44.1% | $8.60 Million | $19.50 Million | $10.90 Million | ▲ +7.0 pp |
| 1995 | 37.1% | $5.90 Million | $15.90 Million | $10.00 Million | ▲ +4.7 pp |
| 1994 | 32.4% | $4.70 Million | $14.50 Million | $9.80 Million | ▼ -26.8 pp |
| 1993 | 59.2% | $6.10 Million | $10.30 Million | $4.20 Million | ▼ -32.9 pp |
| 1992 | 92.1% | $8.20 Million | $8.90 Million | $700.00K | ▲ +0.5 pp |
| 1991 | 91.7% | $2.20 Million | $2.40 Million | $200.00K | — |