Ethan Allen Interiors Inc (ETD)
Financial leverage ratio
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 737,099 | 738,740 | 732,573 | 737,704 | 744,917 | 742,216 | 722,175 | 739,563 | 745,453 | 741,323 | 713,981 | 721,849 | 719,895 | 714,903 | 689,328 | 678,294 | 683,245 | 687,546 | 636,219 | 622,521 |
| Total stockholders’ equity | US$ in thousands | 482,269 | 479,242 | 478,816 | 474,725 | 482,980 | 477,391 | 472,926 | 462,584 | 471,028 | 453,203 | 437,085 | 415,772 | 407,349 | 383,976 | 365,769 | 345,070 | 351,443 | 356,602 | 347,579 | 332,941 |
| Financial leverage ratio | 1.53 | 1.54 | 1.53 | 1.55 | 1.54 | 1.55 | 1.53 | 1.60 | 1.58 | 1.64 | 1.63 | 1.74 | 1.77 | 1.86 | 1.88 | 1.97 | 1.94 | 1.93 | 1.83 | 1.87 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $737,099K ÷ $482,269K
= 1.53
The financial leverage ratio of Ethan Allen Interiors Inc. exhibits fluctuations over the specified periods, reflecting changes in the company's debt relative to its equity. Starting at 1.87 on September 30, 2020, the ratio experienced a slight decline to 1.83 by December 31, 2020. Subsequently, it increased marginally, reaching a peak of 1.97 on September 30, 2021. During the following periods, a general downward trend becomes apparent, with the ratio decreasing to approximately 1.63 by December 31, 2022. This decline continues into 2023 and into mid-2024, where the ratio stabilizes around 1.54 to 1.55.
Overall, the ratio demonstrates a pattern of initial moderate fluctuation, followed by a gradual reduction in leverage over the observed timeframe. This trend indicates a decrease in the company's reliance on debt financing relative to equity, which could suggest a strategic shift towards lower financial risk or a deleveraging process. The relatively stable levels around 1.54 in the most recent periods imply that the company's leverage has been maintained within a consistent and manageable range, aligning with a balanced approach between debt and equity financing.
Peer comparison
Jun 30, 2025