Keurig Dr Pepper Inc (KDP)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 53,430,000 | 52,130,000 | 51,837,000 | 50,598,000 | 49,779,000 |
| Total stockholders’ equity | US$ in thousands | 24,243,000 | 25,676,000 | 25,126,000 | 24,972,000 | 23,829,000 |
| Financial leverage ratio | 2.20 | 2.03 | 2.06 | 2.03 | 2.09 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $53,430,000K ÷ $24,243,000K
= 2.20
Based on the provided financial data, Keurig Dr Pepper Inc's financial leverage ratio has seen some fluctuations over the years. The ratio decreased from 2.09 in December 31, 2020, to 2.03 in December 31, 2021, showing a slight improvement in the company's leverage position. However, in December 31, 2022, the ratio increased to 2.06 before dropping back to 2.03 in December 31, 2023. The most significant change occurred in December 31, 2024, with the ratio jumping to 2.20.
Overall, the trend in the financial leverage ratio suggests that Keurig Dr Pepper Inc has experienced some variability in its leverage levels over the years, which may indicate fluctuations in its debt levels relative to its equity. It would be important for stakeholders to further investigate the reasons behind these fluctuations and assess the company's ability to manage its debt effectively in the long term.
Peer comparison
Dec 31, 2024