AGCO Corporation (AGCO)
Financial leverage ratio
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 11,190,600 | 13,506,800 | 13,614,800 | 13,459,900 | 11,421,200 | 11,351,100 | 11,394,000 | 10,811,600 | 10,103,700 | 9,818,100 | 9,888,900 | 9,876,500 | 9,182,100 | 8,941,900 | 8,863,300 | 8,312,300 | 8,504,200 | 7,940,300 | 7,778,000 | 7,705,700 |
| Total stockholders’ equity | US$ in thousands | 3,742,800 | 4,148,800 | 4,053,800 | 4,755,100 | 4,656,700 | 4,355,500 | 4,138,800 | 4,132,700 | 3,882,400 | 3,520,400 | 3,383,200 | 3,674,800 | 3,415,900 | 3,168,800 | 3,138,300 | 3,086,500 | 2,980,000 | 2,809,700 | 2,676,100 | 2,642,100 |
| Financial leverage ratio | 2.99 | 3.26 | 3.36 | 2.83 | 2.45 | 2.61 | 2.75 | 2.62 | 2.60 | 2.79 | 2.92 | 2.69 | 2.69 | 2.82 | 2.82 | 2.69 | 2.85 | 2.83 | 2.91 | 2.92 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,190,600K ÷ $3,742,800K
= 2.99
The financial leverage ratio of AGCO Corporation has displayed fluctuations over the periods indicated. The ratio ranged from 2.45 to 3.36 during the timeframe covered. Notably, the ratio decreased to 2.45 by December 31, 2023, which was the lowest point in the given period. Subsequently, there was an upward trend, reaching a peak of 3.36 by June 30, 2024. This indicates that the company's reliance on debt to finance its operations and investments increased significantly during that period. It is essential for stakeholders to monitor these fluctuations in the financial leverage ratio to assess the company's risk exposure and financial stability.
Peer comparison
Dec 31, 2024