Matson Inc (MATX)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,595,400 | 4,294,600 | 4,330,000 | 3,693,100 | 2,900,600 |
| Total stockholders’ equity | US$ in thousands | 2,652,000 | 2,400,700 | 2,296,900 | 1,667,400 | 961,200 |
| Financial leverage ratio | 1.73 | 1.79 | 1.89 | 2.21 | 3.02 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,595,400K ÷ $2,652,000K
= 1.73
The financial leverage ratio of Matson Inc has shown a decreasing trend over the past five years, indicating a steady improvement in the company's ability to rely less on debt financing. As of December 31, 2020, the ratio was 3.02, and by December 31, 2024, it had decreased to 1.73. This suggests that Matson Inc has been effectively managing its debt levels and has strengthened its financial position by reducing its reliance on borrowed funds. A decreasing financial leverage ratio is generally considered favorable as it signifies lower financial risk and greater financial stability for the company.
Peer comparison
Dec 31, 2024