Knife River Corporation (KNF)
Financial leverage ratio
| Dec 31, 2023 | ||
|---|---|---|
| Total assets | US$ in thousands | 2,599,810 |
| Total stockholders’ equity | US$ in thousands | 1,266,010 |
| Financial leverage ratio | 2.05 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,599,810K ÷ $1,266,010K
= 2.05
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
Knife River Corporation
KNF
2.05
Martin Marietta Materials Inc
MLM
1.88
MDU Resources Group Inc
MDU
2.70
Vulcan Materials Company
VMC
1.94