Aecom Technology Corporation (ACM)
Financial leverage ratio
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 12,061,700 | 12,046,600 | 11,457,400 | 11,389,900 | 11,233,400 | 11,426,400 | 11,386,500 | 11,405,700 | 11,139,300 | 11,248,300 | 11,196,100 | 11,443,000 | 11,734,000 | 11,963,100 | 11,983,800 | 12,504,600 | 12,999,000 | 13,045,100 | 13,115,300 | 15,229,400 |
| Total stockholders’ equity | US$ in thousands | 2,184,200 | 2,298,330 | 2,198,670 | 2,247,300 | 2,212,330 | 2,454,760 | 2,594,340 | 2,555,630 | 2,476,650 | 2,451,010 | 2,531,440 | 2,510,670 | 2,712,470 | 2,708,040 | 2,822,970 | 2,908,200 | 3,292,560 | 3,744,890 | 3,531,500 | 3,673,000 |
| Financial leverage ratio | 5.52 | 5.24 | 5.21 | 5.07 | 5.08 | 4.65 | 4.39 | 4.46 | 4.50 | 4.59 | 4.42 | 4.56 | 4.33 | 4.42 | 4.25 | 4.30 | 3.95 | 3.48 | 3.71 | 4.15 |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,061,700K ÷ $2,184,200K
= 5.52
Aecom Technology Corporation's financial leverage ratio has shown a fluctuating trend over the past few quarters. The ratio was highest at 5.52 in September 2024 and has ranged between 4.25 and 5.52 during this period. This indicates that the company has been relying more on debt financing to fund its operations and expansion, which can increase financial risk. The gradual increase in the ratio from 3.48 in September 2020 to 5.52 in September 2024 suggests a significant rise in the company's debt relative to its equity over the timeframe. Investors and stakeholders should monitor this trend closely to assess the company's ability to manage its debt levels effectively.
Peer comparison
Sep 30, 2024