FTI Consulting Inc (FCN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,596,830 | 3,325,880 | 3,241,410 | 3,100,910 | 2,777,360 |
| Total stockholders’ equity | US$ in thousands | 2,258,290 | 1,981,420 | 1,681,720 | 1,583,320 | 1,400,180 |
| Financial leverage ratio | 1.59 | 1.68 | 1.93 | 1.96 | 1.98 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,596,830K ÷ $2,258,290K
= 1.59
The financial leverage ratio of FTI Consulting Inc has shown a declining trend over the years, indicating a decrease in the company's reliance on debt to finance its operations. From 1.98 in December 2020 to 1.59 in December 2024, the ratio has consistently decreased, reaching its lowest level at the end of the period. This suggests that the company has been reducing its debt levels relative to its equity, which could potentially improve its financial stability and reduce financial risk. Overall, the declining trend in the financial leverage ratio demonstrates a positive trend in the company's capital structure and financial health.
Peer comparison
Dec 31, 2024