Linde plc Ordinary Shares (LIN)
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 | 80,147,000 | 82,546,000 | 80,215,000 | 80,347,000 | 80,811,000 | 77,827,000 | 78,718,000 | 80,308,000 | 79,658,000 | 74,323,000 | 77,885,000 | 82,767,000 | 81,605,000 | 84,191,000 | 84,345,000 | 84,993,000 | 88,229,000 | 87,209,000 | 85,856,000 | 84,369,000 |
| Total stockholders’ equity | US$ in thousands | 38,092,000 | 39,173,000 | 38,179,000 | 38,829,000 | 39,720,000 | 38,898,000 | 39,911,000 | 39,970,000 | 40,028,000 | 37,628,000 | 39,674,000 | 42,963,000 | 44,035,000 | 44,323,000 | 45,777,000 | 46,210,000 | 47,317,000 | 46,175,000 | 45,537,000 | 44,776,000 |
| Financial leverage ratio | 2.10 | 2.11 | 2.10 | 2.07 | 2.03 | 2.00 | 1.97 | 2.01 | 1.99 | 1.98 | 1.96 | 1.93 | 1.85 | 1.90 | 1.84 | 1.84 | 1.86 | 1.89 | 1.89 | 1.88 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $80,147,000K ÷ $38,092,000K
= 2.10
The financial leverage ratio of Linde plc Ordinary Shares has shown a fluctuating trend over the analyzed period, starting at 1.88 in March 2020 and reaching a peak of 2.11 in September 2024. This ratio indicates the company's level of debt relative to its equity capital.
Overall, the increasing trend in the financial leverage ratio from 2020 to 2024 suggests that Linde plc has been relying more on debt financing compared to equity financing. A higher financial leverage ratio can signify higher financial risk, as increased debt levels can amplify the impacts of market fluctuations on the company's financial stability.
It is essential for investors and stakeholders to closely monitor changes in the financial leverage ratio, as a continuously rising trend may indicate a need for the company to assess its debt management strategies and ensure sustainable financial health in the long term.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Financial Leverage (Quarterly Data)