Knowles Cor (KN)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 1,118,200 1,462,800 1,183,900 1,731,600 1,654,900
Total stockholders’ equity US$ in thousands 756,000 1,034,100 992,900 1,459,500 1,303,500
Financial leverage ratio 1.48 1.41 1.19 1.19 1.27

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,118,200K ÷ $756,000K
= 1.48

The financial leverage ratio for Knowles Cor has shown fluctuations over the years as follows:

- December 31, 2020: 1.27
- December 31, 2021: 1.19
- December 31, 2022: 1.19
- December 31, 2023: 1.41
- December 31, 2024: 1.48

The financial leverage ratio measures the extent to which the company is using debt to finance its operations compared to equity. A higher ratio indicates higher financial leverage, implying greater reliance on debt financing.

Knowles Cor's financial leverage ratio has generally increased in recent years, reaching its peak at 1.48 on December 31, 2024. This suggests that the company has taken on more debt relative to equity, which could imply increased financial risk. It would be important for stakeholders to monitor this trend closely to ensure the company's financial stability and ability to meet its debt obligations in the future.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
Knowles Cor
KN
1.48
Arlo Technologies
ARLO
2.76
Sonos Inc
SONO
2.14