Kontoor Brands Inc (KTB)

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	1,650,540	1,653,120	1,612,440	1,661,440	1,645,440	1,625,930	1,608,320	1,643,570	1,582,260	1,653,010	1,543,150	1,589,050	1,533,020	1,613,180	1,517,840	1,519,680	1,545,820	1,668,720	1,572,770	1,901,800
Total stockholders’ equity	US$ in thousands	400,055	356,927	367,151	387,193	371,913	347,624	323,251	299,288	250,757	208,099	179,189	184,090	148,138	184,754	153,886	134,264	84,641	26,028	-44,889	-18,485
Financial leverage ratio		4.13	4.63	4.39	4.29	4.42	4.68	4.98	5.49	6.31	7.94	8.61	8.63	10.35	8.73	9.86	11.32	18.26	64.11	—	—

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,650,540K ÷ $400,055K
= 4.13

The financial leverage ratio of Kontoor Brands Inc has been steadily decreasing from 64.11% in September 2020 to 4.13% in December 2024. This indicates a significant improvement in the company's ability to meet its financial obligations using debt. A lower financial leverage ratio suggests that the company is relying less on debt financing and is becoming more financially stable over time. The consistent decline in the ratio reflects a positive trend in the company's financial health and overall risk profile. Investors and stakeholders may view this trend favorably as it signifies improved financial strength and reduced debt dependency for Kontoor Brands Inc.