Amphenol Corporation (APH)
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 | 21,440,200 | 19,585,600 | 18,586,800 | 16,722,500 | 16,526,400 | 15,759,000 | 15,237,900 | 15,381,500 | 15,326,200 | 15,097,900 | 14,986,100 | 14,873,600 | 14,678,400 | 14,926,100 | 14,559,100 | 13,133,500 | 12,327,300 | 11,753,900 | 11,203,900 | 12,077,700 |
| Total stockholders’ equity | US$ in thousands | 9,792,000 | 9,452,500 | 8,980,100 | 8,681,500 | 8,346,500 | 7,856,800 | 7,513,700 | 7,308,100 | 7,015,600 | 6,570,900 | 6,464,300 | 6,426,100 | 6,302,000 | 5,945,900 | 5,715,500 | 5,461,000 | 5,384,900 | 5,040,200 | 4,738,600 | 4,385,800 |
| Financial leverage ratio | 2.19 | 2.07 | 2.07 | 1.93 | 1.98 | 2.01 | 2.03 | 2.10 | 2.18 | 2.30 | 2.32 | 2.31 | 2.33 | 2.51 | 2.55 | 2.40 | 2.29 | 2.33 | 2.36 | 2.75 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $21,440,200K ÷ $9,792,000K
= 2.19
Amphenol Corporation's financial leverage ratio has been showing a gradual decline over the past few years, indicating a decreasing level of financial risk. Specifically, the financial leverage ratio decreased from 2.75 as of March 31, 2020, to 1.93 as of March 31, 2024. This suggests that the company has been reducing its reliance on debt to finance its operations and investments.
However, it's worth noting that there was a slight uptick in the financial leverage ratio in the second quarter of 2024, rising to 2.07. This could be attributed to various factors such as the company taking on new debt for growth opportunities or fluctuations in the company's capital structure.
Overall, the downward trend in the financial leverage ratio indicates that Amphenol Corporation has been effectively managing its debt levels and working towards a more balanced capital structure. This can potentially lead to improved financial stability and flexibility for the company in the long run.