Peabody Energy Corp (BTU)
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 | 5,953,700 | 5,866,900 | 5,878,300 | 5,728,400 | 5,962,100 | 5,722,200 | 5,828,100 | 5,799,900 | 5,610,800 | 5,431,000 | 5,295,300 | 4,943,800 | 4,949,800 | 4,442,500 | 4,453,400 | 4,486,300 | 4,667,100 | 4,860,900 | 4,948,800 | 6,230,400 |
| Total stockholders’ equity | US$ in thousands | 3,708,800 | 3,639,300 | 3,657,800 | 3,479,200 | 3,547,000 | 3,458,600 | 3,444,700 | 3,474,700 | 3,231,300 | 2,611,200 | 2,248,200 | 1,852,800 | 1,761,800 | 981,900 | 896,500 | 839,500 | 929,600 | 1,050,700 | 939,300 | 2,476,500 |
| Financial leverage ratio | 1.61 | 1.61 | 1.61 | 1.65 | 1.68 | 1.65 | 1.69 | 1.67 | 1.74 | 2.08 | 2.36 | 2.67 | 2.81 | 4.52 | 4.97 | 5.34 | 5.02 | 4.63 | 5.27 | 2.52 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,953,700K ÷ $3,708,800K
= 1.61
The financial leverage ratio of Peabody Energy Corp has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The ratio started at 2.52 on March 31, 2020, indicating moderate leverage. It increased significantly to 5.27 by June 30, 2020, reflecting a substantial rise in debt relative to equity.
However, from September 30, 2020, to March 31, 2021, the ratio declined slightly from its peak, suggesting a reduction in financial leverage. It then fluctuated around 4.5 to 5.34 until September 30, 2021, before showing a decreasing trend. By December 31, 2021, the ratio dropped to 2.81, indicating a lower reliance on debt financing compared to the previous periods.
The trend continued to decline steadily, reaching 1.61 by December 31, 2024, which implies a significantly lower level of financial leverage. Overall, the decreasing trend in the financial leverage ratio of Peabody Energy Corp signifies a shift towards a more conservative capital structure with reduced reliance on debt for financing its operations.
Peer comparison
Dec 31, 2024