Ford Motor Company (F)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 273,310,000 | 268,073,000 | 265,991,000 | 256,800,000 | 255,884,000 | 246,919,000 | 245,755,000 | 252,986,000 | 257,035,000 | 252,677,000 | 248,532,000 | 260,819,000 | 267,261,000 | 259,943,000 | 269,366,000 | 264,150,000 | 258,537,000 | 258,157,000 | 262,184,000 | 263,281,000 |
| Total stockholders’ equity | US$ in thousands | 42,773,000 | 44,263,000 | 43,677,000 | 42,366,000 | 43,242,000 | 42,125,000 | 44,169,000 | 44,985,000 | 48,519,000 | 36,593,000 | 34,664,000 | 33,828,000 | 30,690,000 | 33,125,000 | 30,824,000 | 29,650,000 | 33,185,000 | 35,349,000 | 36,097,000 | 36,398,000 |
| Financial leverage ratio | 6.39 | 6.06 | 6.09 | 6.06 | 5.92 | 5.86 | 5.56 | 5.62 | 5.30 | 6.91 | 7.17 | 7.71 | 8.71 | 7.85 | 8.74 | 8.91 | 7.79 | 7.30 | 7.26 | 7.23 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $273,310,000K ÷ $42,773,000K
= 6.39
The financial leverage ratio for Ford Motor Co. has been gradually increasing over the past eight quarters, reaching 6.39 in Q4 2023 from 5.92 in Q4 2022. This indicates that the company's reliance on debt to finance its operations and investments has been growing. The trend suggests that Ford's level of financial leverage has been on the rise, which could increase the company's financial risk and affect its ability to meet its debt obligations in the future. It is important for investors and stakeholders to monitor this ratio closely to assess Ford's financial health and stability.
Peer comparison
Dec 31, 2023