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