ESAB Corp (ESAB)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Total assets | US$ in thousands | 3,828,630 | 3,754,020 |
| Total stockholders’ equity | US$ in thousands | 1,607,400 | 1,350,210 |
| Financial leverage ratio | 2.38 | 2.78 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,828,630K ÷ $1,607,400K
= 2.38
Peer comparison
Dec 31, 2023