Dolby Laboratories (DLB)
Financial leverage ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,109,930 | 2,979,770 | 2,689,550 | 3,105,690 | 2,917,320 |
| Total stockholders’ equity | US$ in thousands | 2,477,160 | 2,355,100 | 2,246,180 | 2,597,980 | 2,432,640 |
| Financial leverage ratio | 1.26 | 1.27 | 1.20 | 1.20 | 1.20 |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,109,930K ÷ $2,477,160K
= 1.26
The financial leverage ratio for Dolby Laboratories has been relatively stable over the past five years, ranging from 1.20 to 1.27. The financial leverage ratio of 1.26 in September 30, 2024, indicates that the company is utilizing a moderate level of financial leverage to support its operations and investments. This ratio suggests that Dolby Laboratories relies more on debt financing compared to equity financing, with 1.26 times more debt than equity in its capital structure. It is important to note that a higher financial leverage ratio implies higher financial risk due to the increased reliance on debt, but it can also potentially lead to higher returns for shareholders during periods of growth. Overall, Dolby Laboratories' financial leverage ratio has been consistent over the years, indicating a balanced approach to capital structure management.
Peer comparison
Sep 30, 2024