Lantheus Holdings Inc (LNTH)

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	1,651,150	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	405,919	402,409	390,250	443,908
Total stockholders’ equity	US$ in thousands	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	114,601	101,166	92,247	83,213
Financial leverage ratio		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	3.54	3.98	4.23	5.33

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,651,150K ÷ $815,892K
= 2.02

The financial leverage ratio of Lantheus Holdings Inc has shown fluctuations over the past eight quarters. The ratio increased from 1.72 in Q3 2022 to 3.03 in Q1 2023 before gradually declining to 2.02 in Q4 2023. These variations indicate changes in the company's capital structure and its use of debt to finance its operations. A higher financial leverage ratio suggests a greater reliance on debt, which could lead to increased financial risk but also potential for higher returns. Conversely, a lower ratio signifies less reliance on debt and lower financial risk. Overall, Lantheus Holdings Inc's management of its financial leverage ratio warrants continued monitoring to assess the impact on the company's financial stability and performance.