Matson Inc (MATX)

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	4,595,400	4,442,200	4,273,900	4,219,900	4,417,900	4,292,800	4,218,100	4,227,300	4,330,000	4,459,000	4,158,600	3,977,500	3,693,100	3,222,800	3,036,200	2,929,700	2,900,600	2,806,700	2,777,600	2,835,900
Total stockholders’ equity	US$ in thousands	2,652,000	2,556,700	2,398,500	2,373,800	2,400,700	2,390,300	2,290,000	2,270,300	2,296,900	2,298,600	2,133,600	1,910,700	1,667,400	1,344,800	1,172,800	1,028,900	961,200	891,800	815,500	800,200
Financial leverage ratio		1.73	1.74	1.78	1.78	1.84	1.80	1.84	1.86	1.89	1.94	1.95	2.08	2.21	2.40	2.59	2.85	3.02	3.15	3.41	3.54

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 exhibited a generally declining trend from March 31, 2020, to December 31, 2024. The ratio decreased from 3.54 on March 31, 2020, to 1.73 on December 31, 2024. This suggests that the company has been reducing its reliance on debt to finance its assets over the period under review. A lower financial leverage ratio indicates a lower level of debt relative to equity in the company's capital structure, which may signify reduced financial risk and improved financial stability. Matson Inc's decreasing financial leverage ratio could be a positive indicator of its overall financial health and management of debt levels.