Embecta Corp (EMBC)
Financial leverage ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|
| Total assets | US$ in thousands | 1,285,300 | 1,214,400 | 1,086,400 |
| Total stockholders’ equity | US$ in thousands | -738,300 | -821,700 | -891,400 |
| Financial leverage ratio | — | — | — |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,285,300K ÷ $-738,300K
= —
The financial leverage ratio, also known as the debt-to-equity ratio, indicates the extent to which a company relies on debt to finance its operations compared to its equity. It is calculated by dividing total debt by total equity. Without specific data on total debt and total equity for Embecta Corp for the years ending September 30, 2024, 2023, and 2022, a detailed analysis of the financial leverage ratio cannot be provided. Analysis of this ratio is crucial in assessing the company's capital structure and its ability to meet financial obligations, so obtaining the necessary data would be essential for a comprehensive evaluation of Embecta Corp's financial leverage.
Peer comparison
Sep 30, 2024