Brady Corporation (BRC)
Financial leverage ratio
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,734,250 | 1,698,120 | 1,588,700 | 1,627,880 | 1,515,570 | 1,424,100 | 1,407,600 | 1,383,410 | 1,389,260 | 1,376,770 | 1,372,270 | 1,350,630 | 1,367,330 | 1,344,240 | 1,387,060 | 1,410,480 | 1,377,760 | 1,260,180 | 1,207,880 | 1,175,710 |
| Total stockholders’ equity | US$ in thousands | 1,192,210 | 1,167,550 | 1,120,470 | 1,108,930 | 1,066,660 | 1,022,100 | 1,038,730 | 994,992 | 990,919 | 995,096 | 967,404 | 911,725 | 911,298 | 914,238 | 966,568 | 963,893 | 963,028 | 951,626 | 919,335 | 880,401 |
| Financial leverage ratio | 1.45 | 1.45 | 1.42 | 1.47 | 1.42 | 1.39 | 1.36 | 1.39 | 1.40 | 1.38 | 1.42 | 1.48 | 1.50 | 1.47 | 1.44 | 1.46 | 1.43 | 1.32 | 1.31 | 1.34 |
July 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,734,250K ÷ $1,192,210K
= 1.45
The financial leverage ratio of Brady Corporation exhibits a relatively stable trend over the analyzed period, with values fluctuating within a narrow range from approximately 1.31 to 1.50. At the start of the period, on October 31, 2020, the ratio stood at 1.34, indicating a moderate level of leverage. It experienced a gradual increase, reaching a peak of 1.50 on July 31, 2022, suggesting a slight rise in the company's reliance on debt relative to equity during that timeframe.
Following this peak, the ratio declined modestly to a low of 1.36 on January 31, 2024, reflecting a potential reduction in financial leverage or an increase in equity. Subsequently, it showed signs of stabilization, with values oscillating around 1.40 to 1.47 up to October 31, 2024. The latest data point indicates a ratio of 1.47, consistent with the observed higher leverage levels seen earlier in the period.
Overall, the financial leverage ratio demonstrates a pattern of minor fluctuations within a constrained range, signaling a balanced approach to leverage management. The trend suggests that Brady Corporation maintains a moderate leverage profile, which may facilitate flexibility for operational and strategic initiatives while managing financial risk.