LeMaitre Vascular Inc (LMAT)
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 | 551,817 | 377,025 | 363,079 | 353,957 | 346,778 | 334,012 | 326,467 | 314,866 | 310,476 | 302,048 | 299,425 | 292,453 | 292,802 | 289,473 | 246,505 | 247,369 | 252,810 | 261,569 | 255,717 | 184,557 |
| Total stockholders’ equity | US$ in thousands | 337,290 | 331,074 | 319,532 | 308,503 | 297,900 | 288,637 | 283,827 | 274,165 | 268,201 | 261,247 | 258,033 | 257,787 | 254,151 | 249,048 | 185,833 | 177,525 | 172,572 | 160,983 | 152,629 | 148,835 |
| Financial leverage ratio | 1.64 | 1.14 | 1.14 | 1.15 | 1.16 | 1.16 | 1.15 | 1.15 | 1.16 | 1.16 | 1.16 | 1.13 | 1.15 | 1.16 | 1.33 | 1.39 | 1.46 | 1.62 | 1.68 | 1.24 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $551,817K ÷ $337,290K
= 1.64
The financial leverage ratio of LeMaitre Vascular Inc has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 1.24 on March 31, 2020, increased to a peak of 1.68 on June 30, 2020, then gradually declined to 1.15 on March 31, 2024.
Overall, the trend suggests that the company's financial leverage ratio has shown some volatility but generally decreased over the period. This could indicate varying levels of debt usage and capital structure adjustments by the company during this timeframe. It is important to further investigate the factors driving these changes in the financial leverage ratio to assess the company's risk profile and financial health accurately.
Peer comparison
Dec 31, 2024