Lantheus Holdings Inc (LNTH)

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	1,980,340	2,049,630	1,939,830	1,831,330	1,651,150	1,521,610	1,337,720	1,349,280	1,321,260	1,095,940	1,013,820	933,166	863,784	847,816	857,802	843,448	869,821	879,594	879,695	404,125
Total stockholders’ equity	US$ in thousands	1,088,010	1,179,710	1,026,680	945,540	815,892	698,759	552,645	445,516	447,147	638,050	567,332	515,850	464,439	499,344	508,140	528,119	514,205	513,579	515,583	118,398
Financial leverage ratio		1.82	1.74	1.89	1.94	2.02	2.18	2.42	3.03	2.95	1.72	1.79	1.81	1.86	1.70	1.69	1.60	1.69	1.71	1.71	3.41

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,980,340K ÷ $1,088,010K
= 1.82

The financial leverage ratio of Lantheus Holdings Inc has exhibited fluctuations over the past few years. The ratio decreased from 3.41 as of March 31, 2020, to 1.69 as of December 31, 2020, indicating a significant reduction in leverage during the initial period. Subsequently, the ratio remained relatively stable around 1.7 to 1.8 until September 30, 2022.

There was a notable increase in the financial leverage ratio to 2.95 as of December 31, 2022, suggesting a higher degree of leverage at the end of that year. However, the ratio declined in the following periods, reaching 1.74 as of September 30, 2024. This decrease indicates a reduction in the company's reliance on debt to finance its operations, potentially reflecting a more conservative financial strategy.

Overall, Lantheus Holdings Inc's financial leverage ratio has shown both upward and downward trends, reflecting changes in the company's capital structure and debt levels over the analyzed period. Investors and stakeholders may monitor this ratio to assess the firm's leverage and financial risk.