KLA-Tencor Corporation (KLAC)
Financial leverage ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 15,433,600 | 14,072,400 | 12,597,100 | 10,271,100 | 9,279,960 |
| Total stockholders’ equity | US$ in thousands | 3,368,330 | 2,919,750 | 1,401,350 | 3,377,550 | 2,665,420 |
| Financial leverage ratio | 4.58 | 4.82 | 8.99 | 3.04 | 3.48 |
June 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $15,433,600K ÷ $3,368,330K
= 4.58
The financial leverage ratio of KLA-Tencor Corporation has shown fluctuations over the past five years. The ratio was at its lowest in 2021 at 3.04, indicating a lower level of financial leverage that year. In 2022, the ratio significantly increased to 8.99, suggesting a higher degree of leverage that year. However, in the following years, the ratio decreased to 3.48 in 2020 and further to 4.82 in 2023, indicating a moderation in the level of leverage.
The most recent data for 2024 shows a financial leverage ratio of 4.58, which is slightly lower than the previous year. This indicates that the company's level of financial leverage has remained relatively stable compared to the previous year.
Overall, the trend in the financial leverage ratio of KLA-Tencor Corporation suggests some variability in the company's capital structure and debt levels over the past five years, with a notable increase in 2022 followed by a subsequent decrease in the following years. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's financial risk and stability.
Peer comparison
Jun 30, 2024