Antero Resources Corp (AR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,010,000 | 13,517,200 | 14,118,000 | 13,896,500 | 13,150,800 |
| Total stockholders’ equity | US$ in thousands | 7,021,650 | 6,901,520 | 6,754,560 | 5,757,160 | 5,767,700 |
| Financial leverage ratio | 1.85 | 1.96 | 2.09 | 2.41 | 2.28 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,010,000K ÷ $7,021,650K
= 1.85
The financial leverage ratio of Antero Resources Corp has shown some fluctuations over the past five years. It increased from 2.28 in December 2020 to 2.41 in December 2021, indicating a higher reliance on debt financing during that period. However, the ratio decreased in the following years, reaching 1.85 by December 2024. This downward trend suggests that the company has been reducing its financial leverage and potentially managing its debt levels more effectively. Overall, a decreasing financial leverage ratio can be seen as a positive signal of improved financial stability and lower risk for investors and creditors.
Peer comparison
Dec 31, 2024