Avient Corp (AVNT)

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	5,811,100	6,047,300	5,907,800	5,876,100	5,968,500	5,789,700	6,051,800	6,111,200	6,085,000	6,307,100	5,043,600	5,043,700	5,002,900	5,011,000	5,047,400	4,909,400	4,871,300	4,709,900	4,337,000	3,742,700
Total stockholders’ equity	US$ in thousands	2,329,600	2,363,000	2,317,500	2,321,300	2,319,200	2,276,900	2,334,700	2,349,800	2,334,500	1,720,400	1,809,700	1,813,200	1,774,700	1,768,800	1,768,200	1,707,000	1,683,600	1,597,000	1,551,300	1,538,600
Financial leverage ratio		2.49	2.56	2.55	2.53	2.57	2.54	2.59	2.60	2.61	3.67	2.79	2.78	2.82	2.83	2.85	2.88	2.89	2.95	2.80	2.43

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,811,100K ÷ $2,329,600K
= 2.49

Avient Corp's financial leverage ratio has shown some fluctuations over the past few years. The ratio increased from 2.43 as of March 31, 2020, to a peak of 3.67 as of September 30, 2022, indicating an increase in the company's financial leverage during this period. However, after reaching this peak, the ratio gradually decreased and stabilized around the range of 2.50 to 2.90 from December 31, 2022, to December 31, 2024.

Overall, the financial leverage ratio of Avient Corp has shown some volatility but generally maintained within a moderate range, which suggests that the company has been managing its debt levels effectively during the period under review. This ratio is important for assessing the company's financial risk and its ability to meet its debt obligations. Further analysis of the company's debt structure and performance may provide additional insights into its financial health.