Glaukos Corp (GKOS)

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 974,756 926,543 919,675 933,338 940,414 948,634 956,740 972,592 1,002,380 1,008,470 1,031,280 1,052,070 1,049,700 1,064,130 1,043,720 1,022,780 1,005,500 994,514 995,733 779,720
Total stockholders’ equity US$ in thousands 766,931 668,509 665,159 450,730 461,766 477,659 488,811 508,514 530,005 548,554 562,477 597,564 587,151 601,049 584,325 589,774 667,449 661,563 662,424 641,299
Financial leverage ratio 1.27 1.39 1.38 2.07 2.04 1.99 1.96 1.91 1.89 1.84 1.83 1.76 1.79 1.77 1.79 1.73 1.51 1.50 1.50 1.22

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $974,756K ÷ $766,931K
= 1.27

Glaukos Corp's financial leverage ratio has shown variability over the period from March 31, 2020, to December 31, 2024. The ratio started at 1.22 in March 2020 and gradually increased to 2.07 in March 2024, demonstrating an upward trend in the company's leverage. However, there was a significant decrease in the ratio in June 2024 to 1.38, followed by relatively stable figures around 1.39 to 1.51 until December 2024. This fluctuation in the financial leverage ratio indicates changes in the company's debt levels relative to its equity during the period. It is essential for investors and stakeholders to closely monitor this ratio as it can impact the company's financial health and risk profile.