Bunge Limited (BG)
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 | 24,899,000 | 25,267,000 | 24,428,000 | 25,821,000 | 25,372,000 | 25,133,000 | 25,712,000 | 27,110,000 | 24,580,000 | 24,792,000 | 27,419,000 | 28,724,000 | 23,819,000 | 24,109,000 | 25,085,000 | 24,533,000 | 23,655,000 | 20,761,000 | 18,559,000 | 18,596,000 |
| Total stockholders’ equity | US$ in thousands | 9,913,000 | 10,135,000 | 10,002,000 | 10,551,000 | 10,851,000 | 10,251,000 | 10,575,000 | 9,955,000 | 9,224,000 | 8,705,000 | 8,732,000 | 8,581,000 | 7,669,000 | 7,495,000 | 7,184,000 | 6,637,000 | 6,069,000 | 5,327,000 | 5,093,000 | 4,862,000 |
| Financial leverage ratio | 2.51 | 2.49 | 2.44 | 2.45 | 2.34 | 2.45 | 2.43 | 2.72 | 2.66 | 2.85 | 3.14 | 3.35 | 3.11 | 3.22 | 3.49 | 3.70 | 3.90 | 3.90 | 3.64 | 3.82 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $24,899,000K ÷ $9,913,000K
= 2.51
The financial leverage ratio of Bunge Limited has shown a declining trend over the past few years, indicating that the company has been reducing its reliance on debt to finance its operations.
In March 2020, the financial leverage ratio was 3.82, and it decreased to 2.51 by December 2024. This indicates that the company's equity is increasingly becoming a more significant source of funding compared to debt. A decreasing financial leverage ratio can be a positive signal for investors as it suggests lower financial risk and better financial stability for the company.
Overall, the declining trend in Bunge Limited's financial leverage ratio reflects a strategic shift towards a more conservative capital structure, which could lead to improved financial health and sustainability in the long term.
Peer comparison
Dec 31, 2024