Flowers Foods Inc (FLO)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,400,450 | 3,429,960 | 3,428,060 | 3,429,170 | 3,426,950 | 3,434,640 | 3,434,640 | 3,505,840 | 3,505,840 | 3,481,870 | 3,481,870 | 3,312,990 | 3,343,310 | 3,343,310 | 3,340,720 | 3,332,340 | 3,332,340 | 3,253,310 | 3,323,400 | 3,323,400 |
| Total stockholders’ equity | US$ in thousands | 1,410,110 | 1,406,530 | 1,384,410 | 1,375,880 | 1,351,780 | 1,374,650 | 1,374,650 | 1,470,070 | 1,470,070 | 1,461,590 | 1,461,590 | 1,443,290 | 1,434,760 | 1,434,760 | 1,447,470 | 1,459,420 | 1,459,420 | 1,411,270 | 1,411,930 | 1,411,930 |
| Financial leverage ratio | 2.41 | 2.44 | 2.48 | 2.49 | 2.54 | 2.50 | 2.50 | 2.38 | 2.38 | 2.38 | 2.38 | 2.30 | 2.33 | 2.33 | 2.31 | 2.28 | 2.28 | 2.31 | 2.35 | 2.35 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,400,450K ÷ $1,410,110K
= 2.41
The financial leverage ratio of Flowers Foods Inc has shown some fluctuations over the period from September 2021 to December 2024. The financial leverage ratio reflects the company's level of debt in relation to its equity.
The ratio started at 2.35 in September 2021 and remained relatively stable at 2.35 in October 2021. It then slightly decreased to 2.31 by December 2021 and continued to decrease slightly to 2.28 by March 2022 and remained the same through April 2022. The ratio increased slightly to 2.31 by June 2022 and further increased to 2.33 by September 2022 and October 2022.
There was a slight decrease to 2.30 by December 2022, followed by an increase to 2.38 by March 2023, and it remained at that level through April 2023, June 2023, and July 2023. The ratio increased significantly to 2.50 by September 2023, and it stayed at that level in October 2023. The ratio continued to increase to 2.54 by December 2023, then decreased to 2.49 by March 2024 and further decreased to 2.48 by June 2024.
In the most recent data available, the ratio decreased to 2.44 by September 2024 and slightly further declined to 2.41 by December 2024. The fluctuations in the financial leverage ratio indicate changes in the company's capital structure and how it utilizes debt to finance its operations and growth.
Peer comparison
Dec 31, 2024