Arlo Technologies (ARLO)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 285,538 | 297,637 | 269,021 | 257,083 | 272,201 | 331,216 | 299,678 | 311,790 | 347,490 | 333,326 | 330,781 | 347,194 | 413,968 | 388,899 | 389,957 | 410,176 | 542,712 | 426,995 | 415,462 | 480,374 |
| Total stockholders’ equity | US$ in thousands | 103,276 | 90,193 | 81,756 | 86,251 | 87,695 | 97,321 | 102,401 | 112,004 | 112,652 | 112,224 | 114,785 | 136,330 | 133,767 | 141,807 | 151,904 | 178,561 | 203,376 | 179,606 | 203,230 | 232,141 |
| Financial leverage ratio | 2.76 | 3.30 | 3.29 | 2.98 | 3.10 | 3.40 | 2.93 | 2.78 | 3.08 | 2.97 | 2.88 | 2.55 | 3.09 | 2.74 | 2.57 | 2.30 | 2.67 | 2.38 | 2.04 | 2.07 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $285,538K ÷ $103,276K
= 2.76
The financial leverage ratio of Arlo Technologies Inc has exhibited some fluctuations over the past eight quarters. The ratio ranged from 2.76 to 3.40 during this period.
In Q3 2022, the financial leverage ratio peaked at 3.40, indicating higher levels of debt relative to equity. This could imply increased financial risk for the company during that quarter.
However, the ratio decreased to 2.93 in Q2 2022 before rising again in Q1 2023 to 2.98. In Q3 2023, the ratio increased to 3.30 and then decreased slightly to 3.29 in Q2 2023.
Overall, the trend shows some variability in the financial leverage ratio, with a general pattern of fluctuating between approximately 2.76 and 3.40. It would be essential for stakeholders to closely monitor these changes to assess the company's capital structure and financial risk levels.
Peer comparison
Dec 31, 2023