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Long-Term Debt And Lines of Credit (Tables)

12 Months Ended

Dec. 31, 2023

Long-Term Debt And Lines Of Credit [Abstract]


		December 31,
		2023		2022
Revolver	$	-	$	-
Term loan		-		97,500
Total		-		97,500
Current portion of long-term debt		-		(5,000)
Long-term debt	$	-	$	92,500

Interest Paid During The Years


2023	$	2,645
2022		3,704
2021		1,403

Financial Debt Covenants


		Chemed
Description	Requirement	December 31, 2023


Leverage Ratio (Consolidated Indebtedness/Consolidated Adj. EBITDA)	< 3.50 to 1.00	(0.06) to 1.00

Interest Coverage Ratio (Consolidated Adj. EBITDA/Consolidated Interest Expense)
	> 3.00 to 1.00	151.10 to 1.00

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details