Innospec Inc (IOSP)

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 1,734,700 1,797,700 1,700,300 1,732,800 1,707,400 1,618,600 1,610,800 1,624,100 1,603,700 1,669,200 1,637,900 1,623,800 1,570,900 1,492,400 1,461,800 1,426,100 1,397,400 1,343,700 1,339,000 1,455,300
Total stockholders’ equity US$ in thousands 1,211,200 1,243,400 1,192,600 1,183,600 1,147,100 1,125,400 1,092,200 1,078,200 1,038,000 1,089,400 1,067,900 1,068,200 1,032,400 992,500 973,600 958,600 944,400 -64,300 899,200 943,800
Financial leverage ratio 1.43 1.45 1.43 1.46 1.49 1.44 1.47 1.51 1.54 1.53 1.53 1.52 1.52 1.50 1.50 1.49 1.48 1.49 1.54

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,734,700K ÷ $1,211,200K
= 1.43

The financial leverage ratio of Innospec Inc has been relatively stable over the past few years, ranging between 1.43 and 1.54. This indicates that the company has been effectively managing its debt levels in relation to its equity. A ratio of around 1.50 suggests that the company is using a moderate amount of debt to finance its operations, striking a balance between maximizing returns for shareholders and managing financial risk. The slight fluctuations in the ratio over time may reflect changes in the company's capital structure or overall financial health. Overall, the consistent level of financial leverage suggests that the company has maintained a prudent approach to managing its debt obligations.


Peer comparison

Dec 31, 2024