GE Vernova LLC (GEV)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 51,485,000 | 50,853,000 | 48,052,000 | 47,872,000 | 47,194,000 |
| Total stockholders’ equity | US$ in thousands | 9,546,000 | 9,504,000 | 9,067,000 | 8,974,000 | 8,968,000 |
| Financial leverage ratio | 5.39 | 5.35 | 5.30 | 5.33 | 5.26 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $51,485,000K ÷ $9,546,000K
= 5.39
The financial leverage ratio of GE Vernova LLC has been relatively stable over the past year, ranging between 5.26 and 5.39. This signifies that the company relies more on debt to finance its operations compared to equity. A higher financial leverage ratio indicates a higher level of financial risk due to increased debt obligations. It is important for the company to carefully manage its debt levels to ensure that it can meet its financial obligations and maintain financial stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
GE Vernova LLC
GEV
5.39
Emerson Electric Company
EMR
2.05
GE Aerospace
GE
6.37
Otis Worldwide Corp
OTIS
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