Crown Holdings Inc (CCK)
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 | 13,848,000 | 15,095,000 | 14,858,000 | 14,691,000 | 15,034,000 | 14,321,000 | 14,569,000 | 14,412,000 | 14,301,000 | 14,224,000 | 14,399,000 | 14,430,000 | 13,858,000 | 16,006,000 | 16,695,000 | 16,180,000 | 16,691,000 | 15,629,000 | 15,265,000 | 15,533,000 |
| Total stockholders’ equity | US$ in thousands | 2,756,000 | 2,532,000 | 2,507,000 | 2,470,000 | 2,410,000 | 2,341,000 | 2,235,000 | 2,030,000 | 1,849,000 | 1,666,000 | 1,739,000 | 1,820,000 | 1,912,000 | 2,444,000 | 2,262,000 | 2,377,000 | 2,198,000 | 1,909,000 | 1,815,000 | 1,664,000 |
| Financial leverage ratio | 5.02 | 5.96 | 5.93 | 5.95 | 6.24 | 6.12 | 6.52 | 7.10 | 7.73 | 8.54 | 8.28 | 7.93 | 7.25 | 6.55 | 7.38 | 6.81 | 7.59 | 8.19 | 8.41 | 9.33 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,848,000K ÷ $2,756,000K
= 5.02
The financial leverage ratio of Crown Holdings Inc has shown a declining trend from 9.33 as of March 31, 2020, to 5.02 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments over the years. Lower financial leverage ratios suggest that the company is more financially stable and has a stronger equity base compared to debt. However, it is important to note that a very low financial leverage ratio may also imply missed opportunities for leveraging cheap debt financing. Overall, Crown Holdings Inc's decreasing financial leverage ratio demonstrates a conservative approach to managing its capital structure and financial risk.
Peer comparison
Dec 31, 2024