Arrow Electronics Inc (ARW)
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 | 21,757,700 | 20,934,600 | 20,107,800 | 20,262,900 | 21,726,200 | 20,638,400 | 20,535,900 | 20,276,500 | 21,763,200 | 20,505,700 | 19,894,400 | 19,512,900 | 19,535,500 | 17,430,500 | 16,842,800 | 16,173,600 | 17,053,900 | 15,496,600 | 15,604,500 | 15,391,500 |
| Total stockholders’ equity | US$ in thousands | 5,761,150 | 5,963,100 | 5,743,300 | 5,699,150 | 5,805,460 | 5,485,260 | 5,586,340 | 5,530,530 | 5,546,360 | 5,245,750 | 5,340,470 | 5,369,950 | 5,282,300 | 5,178,480 | 5,164,920 | 5,155,760 | 5,089,320 | 4,781,060 | 4,694,820 | 4,595,120 |
| Financial leverage ratio | 3.78 | 3.51 | 3.50 | 3.56 | 3.74 | 3.76 | 3.68 | 3.67 | 3.92 | 3.91 | 3.73 | 3.63 | 3.70 | 3.37 | 3.26 | 3.14 | 3.35 | 3.24 | 3.32 | 3.35 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $21,757,700K ÷ $5,761,150K
= 3.78
The financial leverage ratio of Arrow Electronics Inc has fluctuated over the past few years, ranging from 3.14 to 3.92. The ratio indicates the company's level of debt relative to its equity, with a higher ratio suggesting higher financial risk due to a greater reliance on debt financing.
Arrow Electronics Inc's financial leverage ratio has generally been stable, with some fluctuations observed during the reporting periods. The ratio increased from 3.14 in March 2021 to a peak of 3.92 in December 2022, before decreasing to 3.51 in September 2024. Overall, the company's financial leverage appears to be within a manageable range, but stakeholders should closely monitor any significant changes in the ratio to assess the company's borrowing capacity and risk exposure.
Peer comparison
Dec 31, 2024