CSW Industrials Inc (CSWI)
Financial leverage ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,379,060 | 1,350,200 | 1,359,300 | 1,050,530 | 1,043,330 | 993,131 | 1,011,310 | 1,033,100 | 1,043,450 | 1,047,670 | 1,021,390 | 1,017,920 | 995,360 | 950,045 | 903,022 | 904,242 | 874,957 | 880,577 | 391,667 | 371,357 |
| Total stockholders’ equity | US$ in thousands | 1,072,250 | 1,044,020 | 1,030,170 | 650,158 | 615,723 | 589,072 | 586,927 | 560,094 | 525,675 | 498,768 | 483,033 | 466,720 | 469,086 | 458,738 | 448,947 | 431,120 | 412,013 | 402,717 | 302,041 | 284,010 |
| Financial leverage ratio | 1.29 | 1.29 | 1.32 | 1.62 | 1.69 | 1.69 | 1.72 | 1.84 | 1.98 | 2.10 | 2.11 | 2.18 | 2.12 | 2.07 | 2.01 | 2.10 | 2.12 | 2.19 | 1.30 | 1.31 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,379,060K ÷ $1,072,250K
= 1.29
Based on the financial leverage ratio data provided for CSW Industrials Inc from June 30, 2020, to March 31, 2025, we observe fluctuations in the company's leverage over time. The financial leverage ratio measures the extent to which the company relies on debt financing versus equity financing to support its operations.
From June 30, 2020, to December 31, 2021, there was a notable increase in CSW Industrials Inc's financial leverage ratio, reflecting a higher proportion of debt in the company's capital structure. This can be indicative of increased borrowing to finance growth initiatives or acquisitions during this period.
Subsequently, from March 31, 2022, to June 30, 2024, there was a gradual decline in the financial leverage ratio, signaling a reduction in the company's reliance on debt financing or an increase in equity financing. A decreasing leverage ratio may suggest improved financial stability and reduced risk associated with high debt levels.
However, from September 30, 2024, to March 31, 2025, there was a slight increase in the financial leverage ratio, indicating a potential shift towards higher debt proportions in the capital structure again.
Overall, monitoring changes in the financial leverage ratio is important for assessing CSW Industrials Inc's capital structure efficiency, risk profile, and ability to meet financial obligations. It is essential for investors and stakeholders to further analyze the reasons behind these fluctuations in the company's leverage to make informed decisions regarding the firm's financial health and performance.
Peer comparison
Mar 31, 2025