Corsair Gaming Inc (CRSR)
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 | 1,235,830 | 1,202,670 | 1,234,240 | 1,257,190 | 1,357,460 | 1,338,150 | 1,318,960 | 1,297,320 | 1,297,240 | 1,183,270 | 1,231,890 | 1,319,420 | 1,337,400 | 1,341,690 | 1,378,400 | 1,333,430 | 1,314,120 | 1,255,720 | 1,126,900 | 1,022,420 |
| Total stockholders’ equity | US$ in thousands | 604,303 | 598,484 | 642,729 | 663,539 | 667,575 | 649,926 | 648,186 | 633,271 | 623,838 | 516,200 | 524,712 | 580,274 | 568,180 | 537,015 | 529,686 | 487,707 | 437,390 | 388,552 | 240,506 | 215,188 |
| Financial leverage ratio | 2.05 | 2.01 | 1.92 | 1.89 | 2.03 | 2.06 | 2.03 | 2.05 | 2.08 | 2.29 | 2.35 | 2.27 | 2.35 | 2.50 | 2.60 | 2.73 | 3.00 | 3.23 | 4.69 | 4.75 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,235,830K ÷ $604,303K
= 2.05
The financial leverage ratio of Corsair Gaming Inc has exhibited a decreasing trend over the years, indicating an improvement in the company's ability to meet its financial obligations using debt. The ratio decreased from 4.75 as of March 31, 2020, to 2.05 as of June 30, 2024. This decline suggests that the company has been reducing its reliance on debt financing and moving towards a more balanced capital structure. Overall, the decreasing trend in the financial leverage ratio reflects positively on Corsair Gaming Inc's financial health and risk management strategies.
Peer comparison
Dec 31, 2024