A10 Network (ATEN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 432,815 | 389,809 | 369,105 | 393,085 | 290,811 |
| Total stockholders’ equity | US$ in thousands | 231,829 | 207,876 | 181,012 | 208,888 | 115,974 |
| Financial leverage ratio | 1.87 | 1.88 | 2.04 | 1.88 | 2.51 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $432,815K ÷ $231,829K
= 1.87
The financial leverage ratio of A10 Network has shown fluctuations over the years. It decreased from 2.51 in December 2020 to 1.88 in December 2021, indicating a reduction in the company's reliance on debt to finance its operations. However, there was a slight increase to 2.04 in December 2022 before stabilizing at 1.88 in the following year. In December 2024, the ratio decreased slightly to 1.87, which suggests that the company's level of debt relative to equity remained relatively stable. Overall, the trend in the financial leverage ratio indicates a moderate level of leverage with some variations in recent years.
Peer comparison
Dec 31, 2024