Hillenbrand Inc (HI)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,584,900 | 5,547,700 | 4,733,800 | 4,830,500 | 4,885,900 | 3,867,500 | 3,893,700 | 4,065,000 | 3,994,600 | 4,014,900 | 4,037,400 | 3,917,100 | 4,015,300 | 3,987,400 | 4,029,900 | 4,190,700 | 4,420,700 | 2,228,600 | 1,890,600 | 1,885,500 |
| Total stockholders’ equity | US$ in thousands | 1,688,600 | 1,630,300 | 1,654,000 | 1,635,600 | 1,162,600 | 1,082,900 | 1,127,000 | 1,254,500 | 1,232,600 | 1,209,600 | 1,230,200 | 1,214,400 | 1,185,900 | 1,059,000 | 1,036,600 | 1,009,000 | 1,127,100 | 754,100 | 781,200 | 756,800 |
| Financial leverage ratio | 3.31 | 3.40 | 2.86 | 2.95 | 4.20 | 3.57 | 3.45 | 3.24 | 3.24 | 3.32 | 3.28 | 3.23 | 3.39 | 3.77 | 3.89 | 4.15 | 3.92 | 2.96 | 2.42 | 2.49 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,584,900K ÷ $1,688,600K
= 3.31
The financial leverage ratio of Hillenbrand Inc has been fluctuating over the past eight quarters. The ratio peaked at 4.20 in Q1 2023, indicating a high level of financial leverage at that time. Subsequently, there was a significant decrease in Q3 2023 to 2.86, suggesting a lower reliance on debt to finance operations.
Overall, the trend in the financial leverage ratio appears to be volatile, with some quarters showing relatively high levels of leverage while others reflect more conservative financial structures. It is important for investors and analysts to closely monitor these fluctuations to assess the company's risk exposure and financial stability.
Peer comparison
Dec 31, 2023