Insperity Inc (NSP)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 2,597,000 | 2,120,000 | 2,039,260 | 1,753,080 | 1,584,280 |
Total stockholders’ equity | US$ in thousands | 97,000 | 94,000 | 81,000 | -1,774 | 44,132 |
Financial leverage ratio | 26.77 | 22.55 | 25.18 | — | 35.90 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,597,000K ÷ $97,000K
= 26.77
The financial leverage ratio for Insperity Inc as of December 31, 2020, stood at 35.90, indicating that the company had a relatively high level of financial leverage at that time. The absence of a value for December 31, 2021, suggests that specific data for that period may not be available. Subsequently, the financial leverage ratio decreased to 25.18 as of December 31, 2022, reflecting a potential improvement in the company's leverage position. This trend continued in the following years, with the ratio declining further to 22.55 as of December 31, 2023, and then slightly increasing to 26.77 as of December 31, 2024. Overall, the decreasing trend in the financial leverage ratio from 2020 to 2023 indicates a potential reduction in the company's reliance on debt financing and improved financial stability.
Peer comparison
Dec 31, 2024