Benchmark Electronics Inc (BHE)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,139,460 | 2,274,760 | 2,227,330 | 1,903,880 | 1,744,240 |
| Total stockholders’ equity | US$ in thousands | 1,113,310 | 1,079,080 | 1,026,420 | 973,802 | 989,588 |
| Financial leverage ratio | 1.92 | 2.11 | 2.17 | 1.96 | 1.76 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,139,460K ÷ $1,113,310K
= 1.92
The financial leverage ratio of Benchmark Electronics Inc has shown a gradual increase over the years, starting at 1.76 in December 2020 and reaching 1.92 by December 2024. This indicates that the company's reliance on debt to finance its operations has fluctuated within a relatively narrow range during this period. However, the increase in the ratio from 2020 to 2024 suggests a slight uptrend in the company's leverage levels. It is important for stakeholders to assess the company's ability to effectively manage its debt obligations and ensure sustainable growth amidst changing market conditions.
Peer comparison
Dec 31, 2024