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 | ||
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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.
Peer comparison
Dec 31, 2024