Interpublic Group of Companies Inc (IPG)
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 | 18,325,800 | 17,083,200 | 17,011,800 | 17,286,100 | 19,267,300 | 17,027,300 | 17,110,000 | 16,664,100 | 18,845,000 | 16,875,200 | 17,249,200 | 17,880,900 | 19,909,200 | 17,805,300 | 17,321,700 | 16,349,700 | 18,042,700 | 16,074,700 | 14,896,900 | 16,428,900 |
| Total stockholders’ equity | US$ in thousands | 3,797,400 | 3,725,800 | 3,835,600 | 3,824,100 | 3,942,600 | 3,680,200 | 3,686,300 | 3,559,300 | 3,647,900 | 3,404,600 | 3,436,700 | 3,487,000 | 3,526,000 | 3,171,400 | 3,062,900 | 2,874,000 | 2,895,000 | 2,722,600 | 2,450,400 | 2,532,500 |
| Financial leverage ratio | 4.83 | 4.59 | 4.44 | 4.52 | 4.89 | 4.63 | 4.64 | 4.68 | 5.17 | 4.96 | 5.02 | 5.13 | 5.65 | 5.61 | 5.66 | 5.69 | 6.23 | 5.90 | 6.08 | 6.49 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $18,325,800K ÷ $3,797,400K
= 4.83
Interpublic Group of Companies Inc's financial leverage ratio has shown a declining trend from 6.49 as of March 31, 2020, to 4.83 as of December 31, 2024. This indicates that the company has been gradually reducing its reliance on debt to finance its operations and investments, which is a positive sign for its financial health. Lower financial leverage ratios generally suggest lower financial risk and greater financial stability for the company. The consistent decrease in the ratio over the period indicates that Interpublic Group of Companies Inc has been effectively managing its debt levels and strengthening its balance sheet. It shows that the company has been successful in gradually optimizing its capital structure by reducing debt and improving its overall financial position.
Peer comparison
Dec 31, 2024