Metallus, Inc (MTUS)

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	1,116,700	1,133,400	1,120,400	1,165,800	1,240,000	1,153,800	1,148,500	1,135,300	1,140,600	1,122,300	1,217,300	1,186,000	1,257,200	1,116,400	1,063,100	1,048,100	994,000	983,700	1,003,700	1,070,000
Total stockholders’ equity	US$ in thousands	690,500	712,700	736,300	739,300	731,600	730,300	711,800	691,400	686,500	735,100	768,900	703,200	664,600	620,600	570,000	513,300	507,500	514,400	527,000	542,100
Financial leverage ratio		1.62	1.59	1.52	1.58	1.69	1.58	1.61	1.64	1.66	1.53	1.58	1.69	1.89	1.80	1.87	2.04	1.96	1.91	1.90	1.97

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,116,700K ÷ $690,500K
= 1.62

The financial leverage ratio of Metallus, Inc has shown fluctuations over the years. The ratio measures the extent to which the company relies on debt financing to support its operations and growth. A higher ratio indicates a higher level of debt relative to equity, which can increase financial risk.

From March 31, 2020, to September 30, 2021, the financial leverage ratio decreased steadily from 1.97 to 1.80, suggesting a reduction in the company's reliance on debt during this period. This could be a positive sign as lower leverage ratios indicate a healthier balance sheet and lower financial risk.

However, from March 31, 2022, to December 31, 2024, the financial leverage ratio saw some fluctuations, ranging between 1.53 to 1.69. These fluctuations indicate that the company's debt levels relative to equity have been changing, potentially due to fluctuations in financial decisions or investment strategies.

Overall, the trend in the financial leverage ratio of Metallus, Inc reflects a mix of stability and fluctuation in its capital structure. It is essential for the company to manage its leverage carefully to maintain a healthy balance between debt and equity and ensure sustainable growth and financial stability in the long run.