Alphabet Inc Class C (GOOG)

Financial leverage ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total assets	US$ in thousands	450,256,000	402,392,000	365,264,000	359,268,000	319,616,000
Total stockholders’ equity	US$ in thousands	325,084,000	283,379,000	256,144,000	251,635,000	222,544,000
Financial leverage ratio		1.39	1.42	1.43	1.43	1.44

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $450,256,000K ÷ $325,084,000K
= 1.39

The financial leverage ratio for Alphabet Inc Class C has shown a consistent downward trend from 1.44 as of December 31, 2020, to 1.39 as of December 31, 2024. This indicates that the company has been gradually reducing its reliance on debt financing in relation to its equity over the years. A decreasing financial leverage ratio suggests an improving financial structure and reduced financial risk for the company. It shows that Alphabet Inc Class C has been managing its debt levels effectively and potentially strengthening its financial position.