Exponent Inc (EXPO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 777,270 | 646,777 | 586,662 | 683,739 | 580,096 |
| Total stockholders’ equity | US$ in thousands | 421,068 | 356,085 | 320,752 | 417,065 | 361,498 |
| Financial leverage ratio | 1.85 | 1.82 | 1.83 | 1.64 | 1.60 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $777,270K ÷ $421,068K
= 1.85
The financial leverage ratio of Exponent Inc has shown a gradual increase over the years, starting at 1.60 on December 31, 2020, and reaching 1.85 on December 31, 2024. This indicates that the company has been relying more on debt to finance its operations and investments relative to its equity. The increasing trend suggests a higher level of financial risk as the company takes on more debt to support its growth and operations. It is important for stakeholders to monitor the leverage ratio to ensure that Exponent Inc maintains a healthy balance between debt and equity to support its long-term financial stability.
Peer comparison
Dec 31, 2024