Floor & Decor Holdings Inc (FND)
Financial leverage ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,050,480 | 4,932,230 | 4,818,060 | 4,658,660 | 4,662,550 | 4,638,080 | 4,475,470 | 4,335,190 | 4,351,240 | 4,244,670 | 4,199,380 | 3,893,390 | 3,730,700 | 3,628,110 | 3,364,300 | 2,964,720 | 2,880,420 | 2,714,400 | 2,528,730 | 2,633,880 |
| Total stockholders’ equity | US$ in thousands | 2,170,160 | 2,111,060 | 2,046,590 | 1,980,800 | 1,930,990 | 1,885,480 | 1,809,780 | 1,728,420 | 1,657,180 | 1,582,620 | 1,494,290 | 1,402,420 | 1,323,200 | 1,264,910 | 1,179,600 | 1,080,720 | 997,388 | 931,505 | 850,496 | 809,289 |
| Financial leverage ratio | 2.33 | 2.34 | 2.35 | 2.35 | 2.41 | 2.46 | 2.47 | 2.51 | 2.63 | 2.68 | 2.81 | 2.78 | 2.82 | 2.87 | 2.85 | 2.74 | 2.89 | 2.91 | 2.97 | 3.25 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,050,480K ÷ $2,170,160K
= 2.33
Floor & Decor Holdings Inc's financial leverage ratio has shown a gradual decreasing trend over the period from March 31, 2020, to December 31, 2024. The financial leverage ratio decreased from 3.25 as of March 31, 2020, to 2.33 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt financing relative to equity over time.
A lower financial leverage ratio suggests that the company is less leveraged and may have a stronger financial position. It can also indicate that the company has been able to pay off debt or increase its equity, reducing its financial risk.
Overall, the decreasing trend in Floor & Decor Holdings Inc's financial leverage ratio demonstrates a positive shift towards a more balanced capital structure and improved financial stability.
Peer comparison
Dec 31, 2024