Integer Holdings Corp (ITGR)
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 | 3,077,970 | 3,167,650 | 3,126,410 | 3,116,010 | 2,942,650 | 2,839,350 | 2,861,340 | 2,873,550 | 2,794,390 | 2,738,470 | 2,758,090 | 2,608,040 | 2,582,220 | 2,348,130 | 2,359,140 | 2,343,350 | 2,371,860 | 2,449,000 | 2,523,460 | 2,398,030 |
| Total stockholders’ equity | US$ in thousands | 1,619,220 | 1,621,190 | 1,553,910 | 1,525,010 | 1,519,040 | 1,463,350 | 1,445,660 | 1,417,940 | 1,417,460 | 1,355,060 | 1,363,450 | 1,364,350 | 1,354,700 | 1,332,250 | 1,314,570 | 1,277,720 | 1,271,060 | 1,233,000 | 1,181,400 | 1,164,200 |
| Financial leverage ratio | 1.90 | 1.95 | 2.01 | 2.04 | 1.94 | 1.94 | 1.98 | 2.03 | 1.97 | 2.02 | 2.02 | 1.91 | 1.91 | 1.76 | 1.79 | 1.83 | 1.87 | 1.99 | 2.14 | 2.06 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,077,970K ÷ $1,619,220K
= 1.90
The financial leverage ratio of Integer Holdings Corp has shown some fluctuations over the past few years. The ratio measures the company's proportion of debt to equity and indicates the company's reliance on debt financing.
From March 31, 2020, to December 31, 2022, the financial leverage ratio decreased from 2.06 to 1.97, signaling a reduction in the company's debt relative to its equity. However, there was a slight increase in the ratio to 2.04 by March 31, 2024. This increase implies that the company might have taken on more debt compared to its equity in the most recent quarter.
Overall, the financial leverage ratios have remained relatively stable around the range of 1.76 to 2.14, with fluctuations occurring. It is essential for investors and stakeholders to monitor these changes to assess the company's risk associated with its debt levels and financial stability.
Peer comparison
Dec 31, 2024