Monro Muffler Brake Inc (MNRO)
Financial leverage ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | — | 1,669,930 | 1,681,300 | 1,712,240 | 1,692,810 | 1,733,100 | 1,733,100 | 1,726,770 | 1,726,770 | 1,754,020 | 1,776,880 | 1,799,180 | 1,789,070 | 1,815,730 | 1,871,410 | 1,889,190 | 1,853,360 | 1,891,770 | 1,811,810 | 1,830,680 |
| Total stockholders’ equity | US$ in thousands | — | 648,923 | 651,939 | 654,421 | 656,775 | 659,718 | 659,718 | 700,143 | 700,143 | 695,168 | 694,922 | 701,183 | 721,770 | 769,676 | 782,906 | 781,511 | 772,918 | 758,591 | 749,684 | 736,043 |
| Financial leverage ratio | — | 2.57 | 2.58 | 2.62 | 2.58 | 2.63 | 2.63 | 2.47 | 2.47 | 2.52 | 2.56 | 2.57 | 2.48 | 2.36 | 2.39 | 2.42 | 2.40 | 2.49 | 2.42 | 2.49 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The financial leverage ratio of Monro Muffler Brake Inc has shown slight fluctuations over the past few years, ranging between 2.36 and 2.63. This ratio measures the extent to which the company relies on debt to finance its operations and investments. A ratio above 1 indicates that the company has more debt than equity in its capital structure.
In the case of Monro Muffler Brake Inc, the financial leverage ratio has mostly been above 2, indicating that the company carries a significant amount of debt in relation to its equity. This suggests that the company may have a higher risk due to its reliance on debt financing.
It is important for investors and stakeholders to monitor the trend of the financial leverage ratio to assess the company's ability to meet its debt obligations and manage its financial risk effectively. Any significant deviation from historical levels may require further investigation to understand the reasons behind the change and its potential impact on the company's financial health.
Peer comparison
Mar 31, 2025