IPG Photonics Corporation (IPGP)
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 | 2,289,260 | 2,355,130 | 2,495,430 | 2,598,440 | 2,698,900 | 2,672,860 | 2,696,420 | 2,671,160 | 2,743,280 | 2,962,520 | 3,048,770 | 3,098,470 | 3,170,540 | 3,143,910 | 3,086,510 | 2,982,950 | 2,935,700 | 2,794,930 | 2,758,740 | 2,680,130 |
Total stockholders’ equity | US$ in thousands | 2,024,470 | 2,114,610 | 2,253,370 | 2,340,720 | 2,415,380 | 2,383,950 | 2,398,550 | 2,338,520 | 2,385,360 | 2,580,510 | 2,639,220 | 2,707,250 | 2,746,580 | 2,739,350 | 2,704,920 | 2,639,500 | 2,592,820 | 2,470,210 | 2,436,350 | 2,355,070 |
Financial leverage ratio | 1.13 | 1.11 | 1.11 | 1.11 | 1.12 | 1.12 | 1.12 | 1.14 | 1.15 | 1.15 | 1.16 | 1.14 | 1.15 | 1.15 | 1.14 | 1.13 | 1.13 | 1.13 | 1.13 | 1.14 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,289,260K ÷ $2,024,470K
= 1.13
The financial leverage ratio of IPG Photonics Corporation has been relatively stable over the past few years, ranging from 1.11 to 1.16. This ratio indicates that the company's debt levels have been relatively consistent compared to its equity levels. A financial leverage ratio of around 1 suggests that the company is utilizing a balanced mix of debt and equity to finance its operations and investments. However, an increase in the ratio over time, such as the uptick to 1.16 in June 30, 2022, may indicate a higher reliance on debt, which could potentially increase financial risk. It is important for stakeholders to monitor the trend of this ratio to assess the company's capital structure and risk profile.
Peer comparison
Dec 31, 2024