Choice Hotels International Inc (CHH)

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 2,530,530 2,544,050 2,518,910 2,475,080 2,394,800 2,232,240 2,150,320 2,106,220 2,102,180 2,188,980 2,076,840 1,972,030 1,931,820 1,865,930 1,728,790 1,584,140 1,587,330 1,570,150 1,686,040 1,703,950
Total stockholders’ equity US$ in thousands -45,271 -96,152 -146,779 6,727 35,598 72,413 54,691 47,008 154,660 284,511 416,725 314,645 265,882 212,146 104,933 19,235 -5,752 -21,404 -42,752 -43,854
Financial leverage ratio — — — 367.93 67.27 30.83 39.32 44.81 13.59 7.69 4.98 6.27 7.27 8.80 16.48 82.36 — — — —

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,530,530K ÷ $-45,271K
= —

Choice Hotels International Inc's financial leverage ratio has exhibited significant fluctuations over the analyzed period. The company's financial leverage ratio was not available for the first few periods and subsequently spiked to 82.36% as of March 31, 2021. Thereafter, the ratio showed a decreasing trend, reaching a low of 4.98% on June 30, 2022. This declining trend reversed as the financial leverage ratio increased to 67.27% by December 31, 2023.

The financial leverage ratio experienced a notable surge to 367.93% as of March 31, 2024, indicating a substantial increase in debt relative to equity. Subsequently, data for the financial leverage ratio was not available for the following periods. This erratic behavior in the financial leverage ratio suggests varying levels of debt utilization and capital structure changes within the company during the analyzed timeframe.