Henry Schein Inc (HSIC)
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 | 10,218,000 | 10,605,000 | 10,251,000 | 10,145,000 | 10,573,000 | 9,810,000 | 9,146,000 | 8,572,000 | 8,607,000 | 8,534,000 | 8,324,000 | 8,447,000 | 8,481,000 | 8,420,750 | 8,124,070 | 7,779,920 | 7,773,000 | 7,809,900 | 7,318,120 | 7,519,200 |
| Total stockholders’ equity | US$ in thousands | 3,393,000 | 3,503,000 | 3,512,000 | 3,600,000 | 3,655,000 | 3,651,000 | 3,560,000 | 3,472,000 | 3,446,000 | 3,611,000 | 3,594,000 | 3,592,000 | 3,425,000 | 3,457,990 | 3,360,270 | 3,358,170 | 3,348,170 | 3,155,270 | 2,991,090 | 2,974,580 |
| Financial leverage ratio | 3.01 | 3.03 | 2.92 | 2.82 | 2.89 | 2.69 | 2.57 | 2.47 | 2.50 | 2.36 | 2.32 | 2.35 | 2.48 | 2.44 | 2.42 | 2.32 | 2.32 | 2.48 | 2.45 | 2.53 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,218,000K ÷ $3,393,000K
= 3.01
The financial leverage ratio of Henry Schein Inc has shown fluctuations over the periods presented. The ratio was relatively stable in the range of 2.3 to 2.5 from March 2020 to June 2022. However, starting from September 2022, there was an upward trend observed in the ratio, reaching 3.01 by December 31, 2024. This indicates an increase in financial leverage, suggesting that the company is relying more on debt to finance its operations and investments.
A higher financial leverage ratio can indicate that a company is taking on more debt relative to its equity, which can amplify returns but also increase financial risk. It is important for investors and stakeholders to closely monitor changes in the financial leverage ratio as it may impact the company's ability to meet its financial obligations and overall financial stability.
Peer comparison
Dec 31, 2024