Entegris Inc (ENTG)

Financial leverage ratio

		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	Jun 30, 2020	Mar 31, 2020
Total assets	US$ in thousands	8,394,620	8,472,760	8,336,590	8,364,720	8,812,590	9,824,620	9,913,020	10,067,100	10,138,900	10,133,400	5,861,170	3,283,440	3,191,900	3,012,280	2,872,730	2,933,540	2,917,700	2,801,630	2,804,040	2,598,560
Total stockholders’ equity	US$ in thousands	3,691,500	3,592,510	3,502,390	3,430,170	3,408,590	3,368,290	3,352,200	10,067,000	10,138,700	3,116,320	1,912,710	1,820,320	1,713,780	1,610,780	1,515,330	1,428,330	1,379,490	1,240,130	1,155,880	1,102,190
Financial leverage ratio		2.27	2.36	2.38	2.44	2.59	2.92	2.96	1.00	1.00	3.25	3.06	1.80	1.86	1.87	1.90	2.05	2.12	2.26	2.43	2.36

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,394,620K ÷ $3,691,500K
= 2.27

The financial leverage ratio of Entegris Inc has exhibited a fluctuating trend over the specified time period. The ratio started at 2.36 as of March 31, 2020, increased to 2.43 by June 30, 2020, and then experienced a downward trend to reach a low of 1.80 by March 31, 2022.

Subsequently, there was a significant spike in the financial leverage ratio to 3.06 by June 30, 2022, indicating a notable increase in leverage during that period. However, this spike was followed by a decrease to 1.00 by December 31, 2022, and this low level was maintained until March 31, 2023.

The ratio then rose again to 2.96 by June 30, 2023, but showed a slight decline in subsequent quarters. As of December 31, 2024, the financial leverage ratio stood at 2.27. This pattern suggests that Entegris Inc has experienced fluctuations in its financial leverage, potentially indicating varying levels of debt financing relative to equity over the analyzed period.