McDonald’s Corporation (MCD)

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	55,182,000	56,172,000	53,801,000	53,513,000	56,147,000	52,089,300	50,442,000	52,014,400	50,435,600	48,501,600	49,247,800	50,877,700	53,854,300	52,727,000	51,893,100	51,103,100	52,626,800	50,699,300	49,938,900	50,568,000
Total stockholders’ equity	US$ in thousands	-3,797,000	-5,177,000	-4,824,000	-4,833,000	-4,707,000	-4,855,000	-4,999,000	-5,776,000	-6,003,000	-6,566,200	-6,369,800	-5,990,800	-4,601,000	-5,675,000	-5,808,000	-7,235,500	-7,824,900	-8,472,100	-9,463,100	-9,293,400
Financial leverage ratio		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $55,182,000K ÷ $-3,797,000K
= —

The financial leverage ratio for McDonald's Corporation is not available for the periods specified from March 31, 2020, to December 31, 2024, based on the provided data. This ratio is typically calculated by dividing the company's total assets by its equity, representing the extent to which a company relies on debt to finance its operations. The absence of data on the financial leverage ratio makes it challenging to assess McDonald's leverage position and the degree of risk associated with its capital structure during these periods.