Elanco Animal Health (ELAN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 12,614,000 | 14,362,000 | 15,491,000 | 16,483,000 | 17,692,700 |
| Total stockholders’ equity | US$ in thousands | 6,096,000 | 6,223,000 | 7,289,000 | 7,538,000 | 8,475,900 |
| Financial leverage ratio | 2.07 | 2.31 | 2.13 | 2.19 | 2.09 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,614,000K ÷ $6,096,000K
= 2.07