Calix Inc (CALX)
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 | 939,267 | 937,525 | 917,896 | 922,788 | 941,865 | 926,660 | 941,768 | 914,827 | 884,835 | 866,879 | 792,812 | 775,246 | 742,032 | 695,717 | 507,835 | 468,135 | 427,352 | 385,333 | 321,314 | 324,054 |
| Total stockholders’ equity | US$ in thousands | 780,940 | 778,688 | 754,224 | 742,693 | 718,982 | 750,945 | 741,770 | 717,839 | 679,567 | 647,747 | 617,129 | 591,805 | 568,428 | 535,626 | 345,638 | 314,715 | 280,325 | 247,531 | 159,168 | 150,915 |
| Financial leverage ratio | 1.20 | 1.20 | 1.22 | 1.24 | 1.31 | 1.23 | 1.27 | 1.27 | 1.30 | 1.34 | 1.28 | 1.31 | 1.31 | 1.30 | 1.47 | 1.49 | 1.52 | 1.56 | 2.02 | 2.15 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $939,267K ÷ $780,940K
= 1.20
The financial leverage ratio of Calix Inc has been gradually decreasing from 2.15 as of March 31, 2020, to 1.20 as of December 31, 2024. This trend indicates that the company is becoming less reliant on debt to finance its operations and is strengthening its financial position in terms of solvency and risk management. A decreasing financial leverage ratio suggests that Calix Inc has been able to reduce its level of debt relative to its equity over the years. This could result in lower interest expenses, reduced financial risk, and increased financial stability for the company. Overall, the declining trend in the financial leverage ratio of Calix Inc reflects a positive development in its capital structure and financial health.
Peer comparison
Dec 31, 2024