McKesson Corporation (MCK)

Financial leverage ratio

Mar 31, 2025 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
Total assets US$ in thousands 75,140,000 71,081,000 72,429,000 71,670,000 67,443,000 66,512,000 66,091,000 64,096,000 62,320,000 62,690,000 63,081,000 62,295,000 63,298,000 63,708,000 63,601,000 62,894,000 65,015,000 61,845,000 61,558,000 57,666,000
Total stockholders’ equity US$ in thousands -2,074,000 -3,084,000 -3,017,000 -1,755,000 -1,971,000 -2,053,000 -1,828,000 -1,602,000 -1,857,000 -2,455,000 -1,767,000 -2,004,000 -2,272,000 -1,274,000 -571,000 -529,000 -21,000 -477,000 5,890,000 5,446,000
Financial leverage ratio 10.45 10.59

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $75,140,000K ÷ $-2,074,000K
= —

The financial leverage ratio of McKesson Corporation has been relatively stable over the past few quarters, hovering around the range of 10.45 to 10.59. This indicates that the company relies more on debt financing rather than equity financing to fund its operations and investments. A higher financial leverage ratio suggests a higher level of financial risk as the company has greater financial obligations to meet, especially in periods of economic downturns or volatility.

However, the lack of data for the more recent quarters makes it challenging to assess any potential changes in the financial leverage ratio and its implications for the company's financial structure and risk profile. Monitoring this ratio over time can provide insights into McKesson Corporation's capital structure management and risk management strategies.


Peer comparison

Mar 31, 2025

Company name
Symbol
Financial leverage ratio
McKesson Corporation
MCK
Cardinal Health Inc
CAH
Cencora Inc.
COR
103.88

See also:

McKesson Corporation Financial Leverage (Quarterly Data)