Artivion Inc (AORT)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 789,101 | 792,397 | 762,798 | 793,052 | 789,404 |
Total stockholders’ equity | US$ in thousands | 276,200 | 281,780 | 284,329 | 300,728 | 328,713 |
Financial leverage ratio | 2.86 | 2.81 | 2.68 | 2.64 | 2.40 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $789,101K ÷ $276,200K
= 2.86
Based on the provided data, the financial leverage ratio of Artivion Inc has been gradually increasing over the years. The ratio was 2.40 as of December 31, 2020, and has steadily risen to 2.86 by December 31, 2024. This upward trend indicates that Artivion has been relying more on debt financing compared to equity financing. A higher financial leverage ratio suggests that the company has a higher level of financial risk and may be more vulnerable to economic downturns or fluctuations in interest rates. It is essential for stakeholders to closely monitor this trend and assess the company's ability to manage its debt levels effectively.
Peer comparison
Dec 31, 2024