N-Able Inc (NABL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,338,850 | 1,223,460 | 1,174,660 | 1,149,930 | 1,162,790 | 1,122,660 | 1,113,040 | 1,092,580 | 1,078,860 | 1,031,460 | 1,038,770 | 1,050,160 | 1,055,700 | 1,062,560 | 1,038,790 | 1,068,110 | 1,079,740 |
| Total stockholders’ equity | US$ in thousands | 759,288 | 764,951 | 724,370 | 709,062 | 711,360 | 674,680 | 668,907 | 656,195 | 642,071 | 594,132 | 605,994 | 618,555 | 618,355 | 617,907 | 633,275 | 614,732 | 631,197 |
| Financial leverage ratio | 1.76 | 1.60 | 1.62 | 1.62 | 1.63 | 1.66 | 1.66 | 1.67 | 1.68 | 1.74 | 1.71 | 1.70 | 1.71 | 1.72 | 1.64 | 1.74 | 1.71 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,338,850K ÷ $759,288K
= 1.76
The financial leverage ratio of N-Able Inc has been relatively stable over the period analyzed, ranging from 1.60 to 1.76. This ratio indicates the proportion of the company's assets that are financed through debt rather than equity. A higher financial leverage ratio suggests a higher level of financial risk, as the company relies more on debt to finance its operations.
N-Able Inc's financial leverage ratio fluctuated within a narrow range, with the highest recorded at 1.76 on December 31, 2024, and the lowest at 1.60 on September 30, 2024. Overall, the company's financial leverage has not shown any significant trends or deviations from its historical levels, indicating a stable capital structure and financing strategy. It is important for stakeholders to monitor changes in the financial leverage ratio to assess the company's risk profile and financial health.
Peer comparison
Dec 31, 2024