Bunge Limited (BG)
Financial leverage ratio
| Dec 31, 2023 | ||
|---|---|---|
| Total assets | US$ in thousands | 25,372,000 |
| Total stockholders’ equity | US$ in thousands | 10,851,000 |
| Financial leverage ratio | 2.34 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $25,372,000K ÷ $10,851,000K
= 2.34
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
Bunge Limited
BG
2.34
Archer-Daniels-Midland Company
ADM
2.55
Darling Ingredients Inc
DAR
2.40