Deluxe Corporation (DLX)
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 | 2,831,000 | 2,622,920 | 2,666,310 | 2,728,600 | 3,080,600 | 2,884,700 | 2,923,000 | 2,940,910 | 3,076,500 | 2,957,320 | 2,940,400 | 2,954,310 | 3,074,400 | 3,006,190 | 3,017,500 | 1,893,250 | 1,874,900 | 2,007,200 | 2,060,080 | 2,044,500 |
| Total stockholders’ equity | US$ in thousands | 2,831,000 | 612,559 | 619,889 | 607,843 | 604,600 | 599,400 | 613,600 | 595,206 | 604,200 | 601,686 | 596,800 | 578,699 | 574,600 | 557,626 | 552,300 | 558,645 | 540,800 | 511,400 | 485,269 | 474,000 |
| Financial leverage ratio | 1.00 | 4.28 | 4.30 | 4.49 | 5.10 | 4.81 | 4.76 | 4.94 | 5.09 | 4.92 | 4.93 | 5.11 | 5.35 | 5.39 | 5.46 | 3.39 | 3.47 | 3.92 | 4.25 | 4.31 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,831,000K ÷ $2,831,000K
= 1.00
The financial leverage ratio of Deluxe Corporation has shown fluctuations over the periods analyzed. The ratio was 4.31 as of March 31, 2020, and decreased to 3.47 by December 31, 2020, indicating a reduction in leverage. However, from March 31, 2021, to June 30, 2022, the ratio increased significantly, peaking at 5.46 in June 30, 2021, and then gradually declining to 4.30 by June 30, 2024.
Overall, the trend in the financial leverage ratio suggests that the company has experienced some fluctuations in its leverage position over the periods analyzed. It is important for stakeholders to closely monitor this ratio to assess the company's financial risk and its ability to meet its debt obligations.