Amazon.com Inc (AMZN)
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 | 624,894,000 | 584,626,000 | 554,818,000 | 530,969,000 | 527,854,000 | 486,883,000 | 477,607,000 | 464,378,000 | 462,675,000 | 428,362,000 | 419,728,000 | 410,767,000 | 420,549,000 | 382,406,000 | 360,319,000 | 323,077,000 | 321,195,000 | 282,179,000 | 258,314,000 | 221,238,000 |
| Total stockholders’ equity | US$ in thousands | 285,970,000 | 259,151,000 | 236,447,000 | 216,661,000 | 201,875,000 | 182,973,000 | 168,602,000 | 154,526,000 | 146,043,000 | 137,489,000 | 131,402,000 | 134,001,000 | 138,245,000 | 120,564,000 | 114,803,000 | 103,320,000 | 93,404,000 | 82,775,000 | 73,728,000 | 65,272,000 |
| Financial leverage ratio | 2.19 | 2.26 | 2.35 | 2.45 | 2.61 | 2.66 | 2.83 | 3.01 | 3.17 | 3.12 | 3.19 | 3.07 | 3.04 | 3.17 | 3.14 | 3.13 | 3.44 | 3.41 | 3.50 | 3.39 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $624,894,000K ÷ $285,970,000K
= 2.19
The financial leverage ratio of Amazon.com Inc has shown a declining trend from March 31, 2020, to December 31, 2024, indicating a reduction in the company's reliance on debt financing relative to equity. The ratio decreased steadily from 3.39 on March 31, 2020, to 2.19 on December 31, 2024. This suggests that Amazon has been effectively managing its debt levels over the period, potentially reducing financial risk and increasing financial stability. The decreasing trend in the financial leverage ratio may indicate that Amazon has been able to generate sufficient profits and cash flows to support its operations and growth without significantly increasing its debt burden. It is important for investors and stakeholders to monitor this ratio to assess the company's capital structure and debt management strategy.
Peer comparison
Dec 31, 2024