Geo Group Inc (GEO)
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 | 3,632,080 | 3,633,290 | 3,643,990 | 3,684,510 | 3,696,410 | 3,724,380 | 3,671,890 | 3,701,980 | 3,760,380 | 3,704,510 | 4,555,320 | 4,608,880 | 4,537,410 | 4,588,800 | 4,563,610 | 4,427,450 | 4,460,130 | 4,247,840 | 4,242,710 | 4,187,850 |
| Total stockholders’ equity | US$ in thousands | 1,334,940 | 1,316,110 | 1,282,050 | 1,310,070 | 1,291,770 | 1,259,900 | 1,233,710 | 1,199,050 | 1,165,090 | 1,110,580 | 1,071,110 | 1,020,840 | 975,016 | 1,017,710 | 985,068 | 940,173 | 912,082 | 932,284 | 945,250 | 958,346 |
| Financial leverage ratio | 2.72 | 2.76 | 2.84 | 2.81 | 2.86 | 2.96 | 2.98 | 3.09 | 3.23 | 3.34 | 4.25 | 4.51 | 4.65 | 4.51 | 4.63 | 4.71 | 4.89 | 4.56 | 4.49 | 4.37 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,632,080K ÷ $1,334,940K
= 2.72
Geo Group Inc's financial leverage ratio has been gradually declining over the past few years, indicating improvements in the company's financial stability and risk management. The ratio decreased from 4.37 as of March 31, 2020, to 2.72 as of December 31, 2024. This decreasing trend suggests that the company has been reducing its reliance on external debt to finance its operations and investments. A lower financial leverage ratio generally signifies a lower level of financial risk and greater financial flexibility for the company. Geo Group Inc's decreasing financial leverage ratio could indicate effective debt management strategies or improved profitability, which are positive signals for investors and creditors.
Peer comparison
Dec 31, 2024