Collegium Pharmaceutical Inc (COLL)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,143,310 | 1,174,130 | 692,077 | 643,841 | 306,302 |
| Total stockholders’ equity | US$ in thousands | 195,431 | 194,842 | 202,928 | 186,031 | 87,432 |
| Financial leverage ratio | 5.85 | 6.03 | 3.41 | 3.46 | 3.50 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,143,310K ÷ $195,431K
= 5.85
Collegium Pharmaceutical Inc's financial leverage ratio has shown fluctuations over the past five years. The ratio increased from 3.50 in 2019 to 6.03 in 2022, indicating a significant rise in financial leverage. However, there was a slight decrease in 2023 to 5.85.
Between 2020 and 2021, there was a notable decrease in the financial leverage ratio from 3.46 to 3.41, suggesting a reduction in leverage during that period. Overall, the trend in Collegium Pharmaceutical Inc's financial leverage ratio demonstrates varying levels of leverage over the years, with substantial changes being observed.
Peer comparison
Dec 31, 2023