B&G Foods Inc (BGS)
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 | 2,994,050 | 3,418,420 | 3,351,550 | 3,360,520 | 3,463,290 | 3,956,850 | 3,718,710 | 3,752,440 | 3,841,610 | 3,983,570 | 3,916,920 | 3,839,350 | 3,828,540 | 3,946,140 | 3,761,420 | 3,741,200 | 3,767,570 | 3,278,900 | 3,251,820 | 3,318,780 |
| Total stockholders’ equity | US$ in thousands | 524,807 | 755,307 | 765,011 | 781,220 | 835,463 | 840,639 | 866,363 | 861,819 | 868,166 | 841,574 | 940,181 | 913,966 | 920,254 | 830,622 | 841,605 | 840,614 | 831,877 | 843,376 | 817,149 | 796,287 |
| Financial leverage ratio | 5.71 | 4.53 | 4.38 | 4.30 | 4.15 | 4.71 | 4.29 | 4.35 | 4.42 | 4.73 | 4.17 | 4.20 | 4.16 | 4.75 | 4.47 | 4.45 | 4.53 | 3.89 | 3.98 | 4.17 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,994,050K ÷ $524,807K
= 5.71
The financial leverage ratio of B&G Foods Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 4.17 in March 2020, decreased to 3.89 in September 2020, but then increased to 4.53 by December 2020. From there, the ratio fluctuated within the range of 3.89 to 4.75 until September 2021.
Subsequently, there was a slight decrease to 4.16 by December 2021. The ratio increased in the first half of 2022, reaching 4.47 by June 30, but then decreased to 4.17 by the end of June. This downward trend continued until December 31, 2022, where the ratio was 4.42.
The financial leverage ratio then remained relatively stable, fluctuating between 4.15 and 4.71 until September 30, 2023. However, by the end of December 2023, the ratio decreased to 4.15. There was a subsequent increase to 4.30 by March 31, 2024, followed by another increase to 5.71 by December 31, 2024.
Overall, the financial leverage ratio of B&G Foods Inc has shown some variability over the period, indicating changes in the company's debt levels relative to its equity. The ratio peaked at 5.71 by the end of December 2024, showing an increase in financial leverage compared to the earlier periods in the analysis.
Peer comparison
Dec 31, 2024