Mettler-Toledo International Inc (MTD)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 3,240,000 | 3,355,560 | 3,492,400 | 3,326,800 | 2,814,550 |
Total stockholders’ equity | US$ in thousands | -126,890 | -149,938 | 24,793 | 171,421 | 282,675 |
Financial leverage ratio | — | — | 140.86 | 19.41 | 9.96 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,240,000K ÷ $-126,890K
= —
The financial leverage ratio of Mettler-Toledo International Inc has increased significantly over the years. As of December 31, 2020, the ratio stood at 9.96, indicating a relatively moderate level of leverage. However, by December 31, 2021, the ratio surged to 19.41, suggesting a notable increase in leverage. The trend continued to escalate dramatically in the following years, reaching 140.86 on December 31, 2022. This substantial rise in the leverage ratio may raise concerns about the company's financial risk and ability to meet its debt obligations.
It is worth noting that as of December 31, 2023 and December 31, 2024, the financial leverage ratio data is not available (denoted as "—"). This lack of information for those years makes it challenging to evaluate the company's leverage position accurately and highlights the importance of consistent and transparent reporting for comprehensive financial analysis.
Overall, the significant upward trend in Mettler-Toledo International Inc's financial leverage ratio indicates a substantial increase in leveraging over time, which could potentially pose risks to the company's financial stability and solvency.
Peer comparison
Dec 31, 2024