Moderna Inc (MRNA)

Financial leverage ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Total assets US$ in thousands 18,426,000 19,450,000 21,884,000 24,125,000 25,858,000 26,056,000 26,043,000 27,609,000 24,669,000 20,923,000 16,153,000 12,694,000 7,337,000 4,650,870 3,486,010 2,067,540 1,589,420 1,590,900 1,685,280 1,806,210
Total stockholders’ equity US$ in thousands 13,854,000 13,455,000 16,949,000 18,863,000 19,123,000 17,992,000 17,985,000 17,075,000 14,145,000 10,124,000 6,704,000 3,838,000 2,561,000 2,760,000 2,947,000 1,641,000 1,175,000 1,248,190 1,334,960 1,442,320
Financial leverage ratio 1.33 1.45 1.29 1.28 1.35 1.45 1.45 1.62 1.74 2.07 2.41 3.31 2.86 1.69 1.18 1.26 1.35 1.27 1.26 1.25

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $18,426,000K ÷ $13,854,000K
= 1.33

The financial leverage ratio of Moderna Inc has shown fluctuating trends in recent quarters. In Q1 2022, the ratio was at its highest point of 1.62, indicating a higher level of financial leverage. This was followed by a decrease in the ratio in Q2 and Q3 2022, suggesting a reduction in the company's reliance on debt. However, in Q4 2022, the ratio increased again to 1.35.

Throughout 2023, the financial leverage ratio continued to vary, with Q2 2023 showing the lowest ratio of 1.29, indicating a lower level of financial leverage. Q4 2023 saw a slight increase in the ratio to 1.33, suggesting a moderate level of financial leverage compared to the previous quarters.

Overall, it is important for Moderna Inc to carefully manage its financial leverage ratio to ensure a balance between debt and equity in its capital structure. Fluctuations in the ratio can indicate changes in the company's financial risk and its ability to meet debt obligations. Monitoring and analyzing these trends can help stakeholders assess the company's financial health and make informed decisions.


Peer comparison

Dec 31, 2023


See also:

Moderna Inc Financial Leverage (Quarterly Data)