Crane NXT Co (CXT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,386,500 | 2,129,400 | 4,390,200 | 4,486,600 | 4,588,900 |
| Total stockholders’ equity | US$ in thousands | 1,064,900 | 964,000 | 1,901,400 | 1,832,300 | 1,528,900 |
| Financial leverage ratio | 2.24 | 2.21 | 2.31 | 2.45 | 3.00 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,386,500K ÷ $1,064,900K
= 2.24
The financial leverage ratio of Crane NXT Co has shown a decreasing trend over the past five years, declining from 3.00 in December 2020 to 2.24 in December 2024. This indicates that the company has been reducing its reliance on debt financing relative to equity financing during this period. A lower financial leverage ratio suggests a lower level of financial risk and greater financial stability for the company. Overall, the decreasing trend in the financial leverage ratio reflects a positive development in Crane NXT Co's capital structure and financial health.
Peer comparison
Dec 31, 2024