Knowles Cor (KN)
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 | 1,118,200 | 1,171,300 | 1,178,100 | 1,483,400 | 1,462,800 | 1,182,200 | 1,176,000 | 1,195,500 | 1,183,900 | 1,436,700 | 1,458,400 | 1,718,700 | 1,731,600 | 1,723,200 | 1,681,900 | 1,675,300 | 1,654,900 | 1,667,700 | 1,687,700 | 1,696,800 |
| Total stockholders’ equity | US$ in thousands | 756,000 | 777,400 | 753,000 | 1,033,900 | 1,034,100 | 993,300 | 986,500 | 987,400 | 992,900 | 1,180,200 | 1,203,600 | 1,474,100 | 1,459,500 | 1,366,100 | 1,332,100 | 1,323,700 | 1,303,500 | 1,264,600 | 1,243,800 | 1,253,800 |
| Financial leverage ratio | 1.48 | 1.51 | 1.56 | 1.43 | 1.41 | 1.19 | 1.19 | 1.21 | 1.19 | 1.22 | 1.21 | 1.17 | 1.19 | 1.26 | 1.26 | 1.27 | 1.27 | 1.32 | 1.36 | 1.35 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,118,200K ÷ $756,000K
= 1.48
Knowles Cor's financial leverage ratio has shown some fluctuations over the past few years. The ratio was relatively stable around 1.35 to 1.36 from March 2020 to June 2020 before decreasing to 1.27 by December 2020. From December 2020 to March 2022, the ratio fluctuated within a narrow range between 1.17 to 1.27.
However, starting from June 2022, there was an upward trend in the financial leverage ratio, reaching a peak of 1.56 by June 2024. This indicates that the company may have taken on more debt relative to its equity during this period. It's worth noting that the ratio slightly decreased to 1.48 by December 2024.
Overall, the trend in Knowles Cor's financial leverage ratio suggests that the company's debt levels have increased compared to its equity over the past few years, with some fluctuations in between. Investors and stakeholders should monitor this ratio to assess the company's capital structure and financial risk.
Peer comparison
Dec 31, 2024