Alphabet Inc Class A (GOOGL)

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	450,256,000	430,266,000	414,770,000	407,350,000	402,392,000	396,711,000	383,044,000	369,491,000	365,264,000	358,255,000	355,185,000	357,096,000	359,268,000	347,403,000	335,387,000	327,095,000	319,616,000	299,243,000	278,492,000	273,403,000
Total stockholders’ equity	US$ in thousands	325,084,000	314,119,000	300,753,000	292,844,000	283,379,000	273,202,000	267,141,000	260,894,000	256,144,000	253,626,000	255,419,000	254,004,000	251,635,000	244,567,000	237,565,000	230,013,000	222,544,000	212,920,000	207,322,000	203,659,000
Financial leverage ratio		1.39	1.37	1.38	1.39	1.42	1.45	1.43	1.42	1.43	1.41	1.39	1.41	1.43	1.42	1.41	1.42	1.44	1.41	1.34	1.34

December 31, 2024 calculation

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

The financial leverage ratio of Alphabet Inc Class A has remained relatively stable over the past few years, hovering around 1.40 on average. This indicates that the company's reliance on debt to finance its operations is moderate, with a higher ratio suggesting a greater proportion of debt in its capital structure. The slight fluctuations in the ratio from quarter to quarter may be influenced by changes in the company's debt levels or equity values. Overall, a consistent financial leverage ratio suggests that Alphabet Inc Class A has maintained a balanced approach to managing its capital structure and financial risk.