KLA-Tencor Corporation (KLAC)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 15,433,600 | 14,957,300 | 14,280,500 | 14,136,800 | 14,072,400 | 13,683,500 | 13,729,100 | 13,123,700 | 12,597,100 | 12,017,800 | 11,680,200 | 11,146,500 | 10,271,100 | 9,939,240 | 9,814,640 | 9,320,100 | 9,279,960 | 8,845,950 | 9,250,720 | 9,229,400 |
| Total stockholders’ equity | US$ in thousands | 3,368,330 | 3,094,880 | 3,043,710 | 2,990,220 | 2,919,750 | 2,682,780 | 2,603,260 | 2,102,070 | 1,401,350 | 4,080,310 | 4,048,530 | 3,860,930 | 3,377,550 | 3,114,860 | 2,935,180 | 2,747,180 | 2,665,420 | 2,307,430 | 2,669,760 | 2,661,160 |
| Financial leverage ratio | 4.58 | 4.83 | 4.69 | 4.73 | 4.82 | 5.10 | 5.27 | 6.24 | 8.99 | 2.95 | 2.89 | 2.89 | 3.04 | 3.19 | 3.34 | 3.39 | 3.48 | 3.83 | 3.47 | 3.47 |
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 exhibited fluctuation over the past few quarters. The ratio has ranged from 2.89 to 8.99, with the highest leverage observed in the 10-Q period ending June 30, 2022. From June 30, 2022, to March 31, 2023, there was a notable increase in the ratio, peaking at 5.27. Subsequently, the financial leverage ratio started declining, reaching a low point of 2.89 by the end of March 31, 2022.
Overall, the trend indicates variability in KLA-Tencor's capital structure and level of debt relative to equity over the periods analyzed. It is important to further investigate the specific drivers behind these fluctuations to assess the company's financial risk and stability.
Peer comparison
Jun 30, 2024