Kimberly-Clark Corporation (KMB)
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 | 16,546,000 | 17,165,000 | 17,280,000 | 17,092,000 | 17,344,000 | 17,153,000 | 17,383,000 | 18,177,000 | 17,970,000 | 17,836,000 | 18,114,000 | 18,672,000 | 17,837,000 | 17,775,000 | 17,827,000 | 17,226,000 | 17,523,000 | 16,531,000 | 16,173,000 | 15,677,000 |
| Total stockholders’ equity | US$ in thousands | 840,000 | 1,285,000 | 1,136,000 | 1,044,000 | 915,000 | 680,000 | 500,000 | 719,000 | 547,000 | 437,000 | 593,000 | 705,000 | 514,000 | 707,000 | 758,000 | 746,000 | 626,000 | 577,000 | 495,000 | 46,000 |
| Financial leverage ratio | 19.70 | 13.36 | 15.21 | 16.37 | 18.96 | 25.22 | 34.77 | 25.28 | 32.85 | 40.81 | 30.55 | 26.49 | 34.70 | 25.14 | 23.52 | 23.09 | 27.99 | 28.65 | 32.67 | 340.80 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $16,546,000K ÷ $840,000K
= 19.70
The financial leverage ratio of Kimberly-Clark Corporation has shown fluctuations over the analyzed period. The ratio, which measures the company's level of debt in relation to its equity, was relatively high at 340.80 on March 31, 2020, indicating a significant reliance on debt financing.
However, there was a notable decrease in the ratio in subsequent quarters, with a sharp decline to 27.99 by December 31, 2020. The trend continued to be downward in the following quarters, with the ratio reaching its lowest point at 13.36 on September 30, 2024, suggesting a more conservative approach to leverage.
The ratio then increased slightly in the last quarter of 2024 to 19.70, but it remained significantly lower compared to the earlier periods within the analysis timeframe. Overall, the decreasing trend in the financial leverage ratio indicates that Kimberly-Clark Corporation has been reducing its debt levels in relation to equity, which may be viewed positively by investors and creditors as it potentially signifies improved financial stability and lower financial risk for the company.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Financial Leverage (Quarterly Data)