Embecta Corp (EMBC)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,285,300 | 1,267,500 | 1,199,600 | 1,217,800 | 1,214,400 | 1,252,100 | 1,210,000 | 1,196,900 | 1,086,400 | 1,049,800 | 833,500 | 739,900 |
| Total stockholders’ equity | US$ in thousands | -738,300 | -763,700 | -769,600 | -793,500 | -821,700 | -809,400 | -822,600 | -836,100 | -891,400 | -847,600 | -967,500 | 550,500 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | 1.34 |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,285,300K ÷ $-738,300K
= —
The financial leverage ratio for Embecta Corp has not been provided for the periods mentioned in the table, except for the value of 1.34 reported as of December 31, 2021. This ratio helps in assessing the company's level of debt relative to its equity. A higher financial leverage ratio indicates higher levels of debt used to finance the company's assets, which can lead to increased financial risk but also potentially higher returns. Without specific data for the other periods, it is challenging to provide a detailed analysis of how Embecta's financial leverage has evolved over time or compared to industry benchmarks. Furthermore, it's important to monitor changes in this ratio over time to gauge the company's financial health and risk profile.
Peer comparison
Sep 30, 2024