Materion Corporation (MTRN)
Financial leverage ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total assets | US$ in thousands | 1,697,630 | 1,857,020 | 1,803,880 | 1,805,180 | 1,762,730 | 1,748,600 | 1,737,710 | 1,717,980 | 1,691,980 | 1,702,320 | 1,703,110 | 1,666,910 | 1,607,480 | 1,182,660 | 1,141,500 | 1,098,270 | 1,057,860 | 1,084,810 | 1,041,220 | 846,076 |
Total stockholders’ equity | US$ in thousands | 868,881 | 931,895 | 907,085 | 889,923 | 885,053 | 871,968 | 847,123 | 821,994 | 799,990 | 766,677 | 749,154 | 730,964 | 720,440 | 697,428 | 681,701 | 661,336 | 655,630 | 644,172 | 638,356 | 630,769 |
Financial leverage ratio | 1.95 | 1.99 | 1.99 | 2.03 | 1.99 | 2.01 | 2.05 | 2.09 | 2.12 | 2.22 | 2.27 | 2.28 | 2.23 | 1.70 | 1.67 | 1.66 | 1.61 | 1.68 | 1.63 | 1.34 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,697,630K ÷ $868,881K
= 1.95
The financial leverage ratio of Materion Corporation has shown fluctuations over the years, indicating changes in the company's level of debt relative to its equity. The ratio increased steadily from 1.34 as of March 31, 2020, to 2.28 by June 30, 2022, which suggests an increasing reliance on debt to finance its operations and growth.
After reaching a peak at 2.28 in June 2022, the leverage ratio started to decline gradually, reaching 1.95 by December 31, 2024. This downward trend may indicate a reduction in debt levels relative to equity, possibly as a part of debt repayment or improved financial performance.
Overall, the varying levels of the financial leverage ratio for Materion Corporation suggest changes in the company's capital structure and financial risk profile over the analyzed period. Investors and stakeholders should continue to monitor this ratio to assess the company's ability to meet its financial obligations and sustain long-term growth.