GE HealthCare Technologies Inc. (GEHC)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 33,089,000 | 33,855,000 | 31,852,000 | 32,208,000 | 32,454,000 | 32,382,000 |
| Total stockholders’ equity | US$ in thousands | 8,446,000 | 8,317,000 | 7,801,000 | 7,408,000 | 7,133,000 | 7,131,000 |
| Financial leverage ratio | 3.92 | 4.07 | 4.08 | 4.35 | 4.55 | 4.54 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $33,089,000K ÷ $8,446,000K
= 3.92
The financial leverage ratio of GE HealthCare Technologies Inc. shows a gradual decrease over the period from September 30, 2023, to December 31, 2024. The ratio decreased from 4.54 on September 30, 2023, to 3.92 on December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and assets. A lower financial leverage ratio suggests lower financial risk for the company as it indicates a greater proportion of equity in the capital structure compared to debt. Overall, the decreasing trend in the financial leverage ratio of GE HealthCare Technologies Inc. reflects a more conservative and sustainable approach to capital structure management.
Peer comparison
Dec 31, 2024