Koppers Holdings Inc (KOP)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,835,500 | 1,810,200 | 1,815,700 | 1,800,600 | 1,711,400 | 1,652,700 | 1,687,300 | 1,731,800 | 1,661,900 | 1,652,200 | 1,674,000 | 1,648,900 | 1,598,600 | 1,534,400 | 1,555,800 | 1,573,100 | 1,564,600 | 1,553,400 | 1,598,100 | 1,593,400 |
| Total stockholders’ equity | US$ in thousands | 498,900 | 472,000 | 452,600 | 430,600 | 399,400 | 368,900 | 375,300 | 418,900 | 406,600 | 396,400 | 411,800 | 376,700 | 341,700 | 281,400 | 175,900 | 99,100 | 147,300 | 100,400 | 91,600 | 78,000 |
| Financial leverage ratio | 3.68 | 3.84 | 4.01 | 4.18 | 4.28 | 4.48 | 4.50 | 4.13 | 4.09 | 4.17 | 4.07 | 4.38 | 4.68 | 5.45 | 8.84 | 15.87 | 10.62 | 15.47 | 17.45 | 20.43 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,835,500K ÷ $498,900K
= 3.68
The financial leverage ratio of Koppers Holdings Inc has exhibited a fluctuating trend over the past eight quarters. The ratio, which represents the company's level of debt relative to its equity, decreased from 4.28 in Q4 2022 to 3.68 in Q4 2023, indicating a reduction in leverage during this period. However, subsequent quarters saw an increase in the ratio, reaching a peak of 4.50 in Q2 2022 before gradually declining again.
Overall, Koppers Holdings Inc's financial leverage ratio has shown volatility, potentially indicating variations in the company's capital structure and debt management strategies. Further analysis of the company's financial health and performance alongside other relevant metrics would be necessary to fully assess the implications of these changes in leverage ratios.
Peer comparison
Dec 31, 2023