Enersys (ENS)
Financial leverage ratio
| Mar 31, 2025 | 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 | Jul 5, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,971,250 | 4,027,660 | 3,951,030 | 3,557,250 | 3,466,010 | 3,502,640 | 3,492,990 | 3,480,980 | 3,616,670 | 3,567,870 | 3,624,160 | 3,721,910 | 3,736,650 | 3,591,400 | 3,517,450 | 3,472,440 | 3,462,800 | 3,475,230 | 3,333,220 | 3,284,740 |
| Total stockholders’ equity | US$ in thousands | 1,916,080 | 1,844,870 | 1,838,070 | 1,807,780 | 1,753,640 | 1,726,530 | 1,659,990 | 1,679,770 | 1,600,280 | 1,527,760 | 1,410,940 | 1,435,080 | 1,489,370 | 1,504,120 | 1,570,020 | 1,563,600 | 1,539,760 | 1,527,560 | 1,431,390 | 1,361,630 |
| Financial leverage ratio | 2.07 | 2.18 | 2.15 | 1.97 | 1.98 | 2.03 | 2.10 | 2.07 | 2.26 | 2.34 | 2.57 | 2.59 | 2.51 | 2.39 | 2.24 | 2.22 | 2.25 | 2.28 | 2.33 | 2.41 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,971,250K ÷ $1,916,080K
= 2.07
Enersys' financial leverage ratio has shown a gradual decline from 2.41 on July 5, 2020, to 2.03 on December 31, 2023. This indicates a decreasing reliance on debt to finance its operations during this period. However, there was a slight increase in the ratio to 2.18 by December 31, 2024, followed by an undefined value on March 31, 2025, which may be due to missing data.
Overall, Enersys has maintained a moderate level of financial leverage, indicating a balanced use of debt in its capital structure. Investors and analysts may view this trend positively as it suggests a prudent approach to managing the company's financial risk while still utilizing debt as a source of funding. However, it would be important to monitor how the company manages its leverage in the future to ensure sustainable growth and financial stability.
Peer comparison
Mar 31, 2025