Maplebear Inc. (CART)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,115,000 | 4,727,000 | 3,669,000 | 2,961,000 | 2,096,000 |
| Total stockholders’ equity | US$ in thousands | 3,093,000 | 3,927,000 | -64,000 | -573,000 | 1,576,000 |
| Financial leverage ratio | 1.33 | 1.20 | — | — | 1.33 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,115,000K ÷ $3,093,000K
= 1.33
The financial leverage ratio for Maplebear Inc. provides insight into the company's level of debt relative to its equity. As of December 31, 2020, the financial leverage ratio stood at 1.33, indicating that the company had $1.33 in debt for every $1 of equity. However, the data is not available for December 31, 2021 and December 31, 2022, which makes it challenging to assess the trend during those years.
Moving forward, as of December 31, 2023, the financial leverage ratio decreased to 1.20, implying a reduction in the company's reliance on debt compared to equity. This decline could be a positive sign, as a lower financial leverage ratio often indicates lower financial risk and greater financial stability.
By the end of December 31, 2024, the financial leverage ratio returned to the level seen in 2020 at 1.33. This suggests that the company's debt and equity proportions reverted to their previous relationship. It would be essential for Maplebear Inc. to closely monitor its financial leverage ratio over time to ensure a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024