Advanced Energy Industries Inc (AEIS)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,261,890 | 2,556,760 | 1,992,170 | 1,817,340 | 1,648,640 |
| Total stockholders’ equity | US$ in thousands | 1,203,170 | 1,144,180 | 1,066,270 | 870,851 | 814,739 |
| Financial leverage ratio | 1.88 | 2.23 | 1.87 | 2.09 | 2.02 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,261,890K ÷ $1,203,170K
= 1.88
The financial leverage ratio of Advanced Energy Industries Inc has exhibited some fluctuations over the past five years. In 2020, the ratio stood at 2.02, indicating a moderate level of financial leverage. By the end of 2021, the ratio slightly increased to 2.09, suggesting a slight increase in leverage. However, in 2022, there was a decrease in the ratio to 1.87, indicating a reduction in the level of financial leverage. Subsequently, by the end of 2023, the ratio surged to 2.23, signifying a significant increase in leverage. Lastly, in 2024, the ratio dropped again to 1.88, returning to a lower level of financial leverage. Overall, these variations in the financial leverage ratio highlight the company's changing debt levels and its ability to support its operations and growth through both debt and equity financing.
Peer comparison
Dec 31, 2024