Certara Inc (CERT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,575,100 | 1,563,140 | 1,572,920 | 1,511,730 | 1,269,400 |
| Total stockholders’ equity | US$ in thousands | 1,058,660 | 1,046,840 | 1,079,660 | 1,041,850 | 822,132 |
| Financial leverage ratio | 1.49 | 1.49 | 1.46 | 1.45 | 1.54 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,575,100K ÷ $1,058,660K
= 1.49
The financial leverage ratio of Certara Inc has been relatively stable over the past five years, ranging from 1.45 to 1.54. This indicates that the company's reliance on debt to finance its operations has been moderate and consistent. A financial leverage ratio of around 1.5 suggests that Certara has a balanced capital structure with a reasonable mix of debt and equity. The slight variations in the ratio over the years may reflect changes in the company's borrowing and repayment activities, but overall, Certara appears to have managed its leverage effectively to maintain financial stability.
Peer comparison
Dec 31, 2024