CDW Corp (CDW)
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 | 14,678,400 | 14,376,700 | 13,638,700 | 13,192,800 | 13,284,600 | 12,875,300 | 12,985,900 | 12,768,100 | 13,131,500 | 13,475,600 | 13,653,100 | 13,513,800 | 13,199,400 | 9,011,600 | 8,990,900 | 9,053,500 | 9,344,700 | 9,223,700 | 8,749,500 | 8,222,400 |
| Total stockholders’ equity | US$ in thousands | 2,352,700 | 2,349,300 | 2,174,900 | 2,138,700 | 2,042,500 | 1,810,000 | 1,613,200 | 1,568,900 | 1,603,300 | 1,326,000 | 1,106,200 | 893,100 | 705,700 | 837,000 | 1,048,800 | 1,170,300 | 1,297,100 | 1,238,500 | 1,055,600 | 889,700 |
| Financial leverage ratio | 6.24 | 6.12 | 6.27 | 6.17 | 6.50 | 7.11 | 8.05 | 8.14 | 8.19 | 10.16 | 12.34 | 15.13 | 18.70 | 10.77 | 8.57 | 7.74 | 7.20 | 7.45 | 8.29 | 9.24 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,678,400K ÷ $2,352,700K
= 6.24
CDW Corp's financial leverage ratio has shown a declining trend from March 2020 to December 2024, indicating a reduction in the company's reliance on debt to finance its operations and growth. The ratio decreased from 9.24 in March 2020 to 6.24 in December 2024. This reduction suggests that the company has been able to improve its financial position and reduce its debt levels over the period analyzed. Lower financial leverage ratios generally indicate a lower risk of financial distress and better financial health for the company. However, it's essential to note that the ideal level of financial leverage can vary based on industry dynamics and business strategy.
Peer comparison
Dec 31, 2024