Enersys (ENS)
Financial leverage ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,971,250 | 3,466,010 | 3,616,670 | 3,736,650 | 3,462,800 |
| Total stockholders’ equity | US$ in thousands | 1,916,080 | 1,753,640 | 1,600,280 | 1,489,370 | 1,539,760 |
| Financial leverage ratio | 2.07 | 1.98 | 2.26 | 2.51 | 2.25 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,971,250K ÷ $1,916,080K
= 2.07
The financial leverage ratio of Enersys has shown some variation over the years. It stood at 2.25 as of March 31, 2021, indicating that the company had $2.25 of debt for every $1 of equity. Over the following years, the ratio increased to 2.51 by March 31, 2022, suggesting a higher level of financial leverage. However, by March 31, 2023, the ratio decreased slightly to 2.26 before dropping further to 1.98 by March 31, 2024, which may indicate a reduction in debt relative to equity. As of March 31, 2025, the ratio had increased to 2.07, showing a moderate level of financial leverage. The fluctuations in the financial leverage ratio imply changes in the company's capital structure and debt management strategies, which could impact its financial risk and ability to meet its obligations.
Peer comparison
Mar 31, 2025