Brunswick Corporation (BC)
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 | 5,677,700 | 6,023,500 | 6,395,700 | 6,508,700 | 6,230,500 | 6,100,900 | 6,290,100 | 6,288,600 | 6,321,300 | 6,124,900 | 6,166,500 | 6,093,000 | 5,425,000 | 5,180,600 | 4,138,500 | 3,943,200 | 3,770,600 | 3,690,800 | 3,739,100 | 3,904,600 |
| Total stockholders’ equity | US$ in thousands | 5,677,700 | 2,034,300 | 2,013,600 | 2,049,600 | 2,087,400 | 2,085,800 | 2,101,400 | 2,062,500 | 2,042,300 | 2,001,000 | 2,004,600 | 1,979,900 | 1,914,200 | 1,849,700 | 1,769,500 | 1,642,600 | 1,510,000 | 1,458,200 | 1,364,400 | 1,303,700 |
| Financial leverage ratio | 1.00 | 2.96 | 3.18 | 3.18 | 2.98 | 2.92 | 2.99 | 3.05 | 3.10 | 3.06 | 3.08 | 3.08 | 2.83 | 2.80 | 2.34 | 2.40 | 2.50 | 2.53 | 2.74 | 3.00 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,677,700K ÷ $5,677,700K
= 1.00
The financial leverage ratio of Brunswick Corporation has shown fluctuations over the past few years. The ratio decreased from 3.00 as of March 31, 2020, to 2.34 by June 30, 2021, indicating an improvement in the company's ability to meet its financial obligations. However, the ratio increased again to 3.10 by December 31, 2022, reflecting higher reliance on debt to finance its operations.
Subsequently, there was a decrease in the financial leverage ratio to 2.98 as of December 31, 2023, suggesting a reduction in the company's debt levels. However, it spiked to 3.18 by June 30, 2024, before dropping significantly to 1.00 by December 31, 2024. Such a sharp decrease could signal a potential error or anomaly in the data reported.
Overall, Brunswick Corporation's financial leverage ratio has exhibited varying trends, indicating fluctuations in the company's debt levels and financial structure over the periods analyzed. Additional context or information would be needed to fully understand the reasons behind these changes and their implications for the company's financial health.
Peer comparison
Dec 31, 2024