Bellring Brands LLC (BRBR)

Financial leverage ratio

		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	Dec 31, 2019
Total assets	US$ in thousands	715,500	691,600	722,400	772,500	735,000	707,200	715,100	657,700	600,600	696,500	685,400	639,300	680,800	653,500	659,900	725,600	670,900
Total stockholders’ equity	US$ in thousands	-286,900	-323,500	-364,700	-363,100	-370,300	-376,200	-389,600	-428,800	-2,827,800	-3,062,800	-3,155,000	-2,435,200	-2,499,700	-2,182,600	-2,136,700	-1,863,200	-2,278,200
Financial leverage ratio		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $715,500K ÷ $-286,900K
= —

I'm sorry, but without the specific values for the financial leverage ratio for Bellring Brands Inc provided in the table, I am unable to perform a detailed analysis. The financial leverage ratio is a key indicator of a company's debt levels and its ability to meet its financial obligations. By comparing the amount of debt a company has relative to its equity, investors and analysts can assess the company's financial risk. Please provide the numerical values for the financial leverage ratio for the periods listed so I can offer a thorough analysis.