MSA Safety (MSA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,205,780 | 2,170,150 | 2,376,980 | 2,396,400 | 1,872,480 |
| Total stockholders’ equity | US$ in thousands | 1,143,320 | 966,802 | 923,741 | 834,388 | 809,891 |
| Financial leverage ratio | 1.93 | 2.24 | 2.57 | 2.87 | 2.31 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,205,780K ÷ $1,143,320K
= 1.93
The financial leverage ratio of MSA Safety has fluctuated over the years, starting at 2.31 in December 2020, increasing to 2.87 by December 2021, and then decreasing to 2.57 by December 2022. In the following years, the ratio continued to decline to 2.24 by December 2023 and further to 1.93 by December 2024.
Overall, the trend in the financial leverage ratio of MSA Safety indicates some variability in leverage levels over the years. The fluctuations suggest changes in the company's capital structure and debt levels, which may impact its financial risk and ability to meet its financial obligations. It is important for stakeholders to monitor these changes to assess the company's financial health and risk profile.
Peer comparison
Dec 31, 2024