Dorman Products Inc (DORM)
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 | ||
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Total assets | US$ in thousands | 2,424,520 | 2,364,100 | 2,285,720 | 2,220,140 | 2,292,410 | 2,260,350 | 2,256,840 | 2,260,660 | 2,341,790 | 1,801,210 | 1,761,170 | 1,724,300 | 1,673,120 | 1,615,850 | 1,269,480 | 1,264,270 | 1,220,660 | 1,158,830 | 1,179,650 | 1,152,780 |
Total stockholders’ equity | US$ in thousands | 1,293,470 | 1,234,600 | 1,201,320 | 1,174,500 | 1,168,200 | 1,128,090 | 1,086,070 | 1,049,140 | 1,042,630 | 1,021,040 | 990,957 | 959,400 | 932,736 | 904,524 | 892,985 | 883,811 | 853,559 | 1,158,830 | 807,132 | 791,375 |
Financial leverage ratio | 1.87 | 1.91 | 1.90 | 1.89 | 1.96 | 2.00 | 2.08 | 2.15 | 2.25 | 1.76 | 1.78 | 1.80 | 1.79 | 1.79 | 1.42 | 1.43 | 1.43 | 1.00 | 1.46 | 1.46 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,424,520K ÷ $1,293,470K
= 1.87
The financial leverage ratio of Dorman Products Inc has shown some fluctuations over the years, ranging from 1.00 to 2.25. The ratio indicates the proportion of the company's debt relative to its equity.
From September 30, 2020, to December 31, 2021, the financial leverage ratio remained relatively stable between 1.00 and 1.79. However, starting from March 31, 2022, the ratio increased steadily, reaching a peak of 2.25 by December 31, 2022. This surge in leverage suggests that the company increased its debt levels compared to its equity during this period.
Subsequently, there was a slight decline in the financial leverage ratio from March 31, 2023, to December 31, 2024, hovering around 1.87 to 1.96. This may indicate that Dorman Products Inc took measures to reduce its debt relative to equity or experienced growth in equity during this period.
Overall, the trend in the financial leverage ratio of Dorman Products Inc indicates fluctuations in the company's debt-to-equity structure over the years, with a notable spike in leverage followed by a period of stabilization at a higher level compared to the initial years in the data provided.
Peer comparison
Dec 31, 2024