Danaher Corporation (DHR)

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	77,542,000	80,615,000	78,555,000	83,402,000	84,488,000	87,734,000	84,902,000	85,040,000	84,350,000	81,030,000	81,806,000	83,392,000	83,184,000	82,498,000	78,027,000	75,426,000	76,161,000	72,890,700	71,268,400	68,930,300
Total stockholders’ equity	US$ in thousands	49,543,000	51,299,000	49,897,000	53,442,000	53,486,000	52,407,000	51,716,000	51,478,000	50,082,000	46,985,000	46,594,000	46,356,000	45,167,000	43,451,000	42,756,000	40,419,000	39,766,000	37,961,000	36,261,700	31,055,100
Financial leverage ratio		1.57	1.57	1.57	1.56	1.58	1.67	1.64	1.65	1.68	1.72	1.76	1.80	1.84	1.90	1.82	1.87	1.92	1.92	1.97	2.22

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $77,542,000K ÷ $49,543,000K
= 1.57

The financial leverage ratio of Danaher Corporation has shown a decreasing trend over the past few years, indicating a decreasing reliance on debt to finance its operations. Starting at 2.22 in March 2020, the ratio has steadily declined to 1.57 by December 2024. This suggests that the company has been reducing its debt levels and operating more conservatively in terms of financial leverage. A lower financial leverage ratio generally indicates a lower financial risk and greater stability for the company, as it has less debt to repay in times of financial strain. Overall, the decreasing trend in the financial leverage ratio reflects a prudent financial management strategy by Danaher Corporation.