Ametek Inc (AME)

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 14,631,200 14,767,600 14,795,900 14,865,000 15,023,500 13,093,400 12,839,900 12,616,000 12,431,100 12,038,900 11,985,000 11,972,000 11,898,200 11,679,700 11,755,300 10,579,900 10,357,500 10,433,400 10,311,200 10,601,900
Total stockholders’ equity US$ in thousands 9,655,300 9,550,220 9,252,400 8,968,220 8,730,190 8,342,510 8,081,370 7,757,120 7,476,510 7,132,670 6,950,090 6,931,690 6,871,880 6,558,400 6,343,300 6,120,750 5,949,350 5,704,190 5,486,440 5,326,000
Financial leverage ratio 1.52 1.55 1.60 1.66 1.72 1.57 1.59 1.63 1.66 1.69 1.72 1.73 1.73 1.78 1.85 1.73 1.74 1.83 1.88 1.99

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,631,200K ÷ $9,655,300K
= 1.52

The financial leverage ratio of Ametek Inc has exhibited a declining trend over the past five years, indicating a more conservative approach towards debt utilization. The ratio decreased from 1.99 as of March 31, 2020, to 1.52 as of December 31, 2024. This reduction suggests that the company has been decreasing its reliance on debt to finance its operations and investments, which could potentially lower the financial risks associated with high leverage. Additionally, a decreasing financial leverage ratio may indicate improved financial stability and solvency as the company relies more on equity financing rather than debt. However, it is important to note that the optimal level of leverage varies by industry and company, and a low ratio could also imply missed opportunities for growth or inefficient capital structure utilization. Overall, a decreasing trend in the financial leverage ratio suggests a more conservative financial profile for Ametek Inc.