Acushnet Holdings Corp (GOLF)
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 | 2,180,210 | 2,280,750 | 2,274,160 | 2,356,960 | 2,196,680 | 2,210,570 | 2,330,930 | 2,453,010 | 2,193,810 | 2,101,360 | 2,096,150 | 2,085,800 | 2,005,840 | 2,075,220 | 2,066,690 | 1,968,880 | 1,866,560 | 1,839,090 | 1,897,720 | 1,887,700 |
| Total stockholders’ equity | US$ in thousands | 765,247 | 863,899 | 863,693 | 883,736 | 864,235 | 928,366 | 1,017,220 | 987,122 | 939,056 | 1,010,000 | 1,071,170 | 1,070,390 | 1,042,840 | 1,139,600 | 1,124,690 | 1,050,960 | 984,075 | 961,984 | 898,543 | 886,200 |
| Financial leverage ratio | 2.85 | 2.64 | 2.63 | 2.67 | 2.54 | 2.38 | 2.29 | 2.49 | 2.34 | 2.08 | 1.96 | 1.95 | 1.92 | 1.82 | 1.84 | 1.87 | 1.90 | 1.91 | 2.11 | 2.13 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,180,210K ÷ $765,247K
= 2.85
The financial leverage ratio of Acushnet Holdings Corp has fluctuated over the years, indicating changes in the company's debt levels relative to its equity. From March 31, 2020, to December 31, 2024, the ratio has shown a general upward trend, starting at 2.13 and reaching 2.85.
The trend suggests that the company has been increasing its reliance on debt to finance its operations and growth initiatives. A higher financial leverage ratio implies a higher proportion of debt in the capital structure, which can magnify returns but also increases financial risk.
It's important for investors and stakeholders to monitor the financial leverage ratio over time to assess the company's ability to meet its debt obligations and manage financial risks effectively. A significant increase in the ratio may raise concerns about the company's financial health and sustainability.
Peer comparison
Dec 31, 2024