Crown Holdings Inc (CCK)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,848,000 | 15,034,000 | 14,301,000 | 13,858,000 | 16,691,000 |
| Total stockholders’ equity | US$ in thousands | 2,756,000 | 2,410,000 | 1,849,000 | 1,912,000 | 2,198,000 |
| Financial leverage ratio | 5.02 | 6.24 | 7.73 | 7.25 | 7.59 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,848,000K ÷ $2,756,000K
= 5.02
The financial leverage ratio for Crown Holdings Inc has exhibited fluctuations over the past five years. Starting at 7.59 in December 2020, the ratio decreased to 7.25 by December 2021 before rising to 7.73 by December 2022. However, in the subsequent years, the ratio showed a declining trend, reaching 6.24 by December 2023 and further dropping to 5.02 by December 2024. This indicates that the company's reliance on debt to finance its operations has decreased over the period, suggesting a potential improvement in financial stability and risk management.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Crown Holdings Inc
CCK
5.02
Ball Corporation
BALL
5.12
Silgan Holdings Inc
SLGN
4.03