Mettler-Toledo International Inc (MTD)

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	3,355,560	3,288,730	3,370,400	3,409,910	3,492,400	3,294,460	3,336,430	3,356,180	3,326,800	3,207,160	3,142,900	3,028,370	2,814,550	2,766,540	2,679,650	2,885,780	2,789,320	2,635,870	2,660,860	2,636,700
Total stockholders’ equity	US$ in thousands	-149,938	-105,872	-89,705	-24,469	24,793	-82,809	7,262	84,570	171,421	159,171	191,424	202,643	282,675	443,067	450,093	306,397	420,780	438,301	504,086	561,750
Financial leverage ratio		—	—	—	—	140.86	—	459.44	39.69	19.41	20.15	16.42	14.94	9.96	6.24	5.95	9.42	6.63	6.01	5.28	4.69

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,355,560K ÷ $-149,938K
= —

Based on the provided data for Mettler-Toledo International, Inc., the financial leverage ratio experienced significant fluctuations over the quarters analyzed. In Q1 2022, the financial leverage ratio was 39.69, indicating a relatively lower level of leverage. However, this ratio sharply increased to 459.44 in Q2 2022, reflecting a substantial spike in leverage. Notably, in Q4 2022, the financial leverage ratio stood at 140.86, which signifies a significant decrease from the Q2 2022 peak.

Given the absence of data for the subsequent quarters (Q1-Q3 2023), it is challenging to provide a more detailed trend analysis or pinpoint the reasons behind these fluctuations. Nevertheless, the varying levels of financial leverage suggest that Mettler-Toledo International, Inc. has experienced fluctuations in its debt levels relative to its equity over the periods assessed.

Further analysis, including the interpretation of additional financial metrics and context around the company's financial decisions and market dynamics, would be necessary to draw more insightful conclusions regarding the implications of these changes in the financial leverage ratio.