Ichor Holdings Ltd (ICHR)
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 | ||
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Total assets | US$ in thousands | 995,564 | 975,902 | 947,689 | 957,388 | 938,481 | 994,384 | 1,003,360 | 1,040,150 | 1,083,740 | 1,102,740 | 1,065,700 | 1,020,360 | 1,020,880 | 828,537 | 822,449 | 782,209 | 774,172 | 605,441 | 598,876 | 564,019 |
Total stockholders’ equity | US$ in thousands | 698,336 | 697,275 | 694,876 | 697,232 | 564,677 | 572,679 | 577,303 | 593,464 | 587,496 | 569,845 | 537,324 | 511,829 | 500,715 | 480,656 | 458,483 | 431,062 | 411,689 | 254,667 | 238,190 | 229,520 |
Financial leverage ratio | 1.43 | 1.40 | 1.36 | 1.37 | 1.66 | 1.74 | 1.74 | 1.75 | 1.84 | 1.94 | 1.98 | 1.99 | 2.04 | 1.72 | 1.79 | 1.81 | 1.88 | 2.38 | 2.51 | 2.46 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $995,564K ÷ $698,336K
= 1.43
The financial leverage ratio of Ichor Holdings Ltd has shown a declining trend from March 31, 2020, to December 31, 2024. The ratio decreased from 2.46 on March 31, 2020, to 1.43 on December 31, 2024. This indicates that the company's reliance on debt to finance its operations has been decreasing over the years, suggesting a more conservative capital structure. A lower financial leverage ratio implies lower financial risk and a greater ability to meet financial obligations, as the company has less debt relative to its equity. This trend may be seen positively by investors and creditors as it reflects a more stable and sustainable financial position for Ichor Holdings Ltd.
Peer comparison
Dec 31, 2024