Insperity Inc (NSP)

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	2,597,000	1,933,000	2,095,000	2,126,000	2,120,000	1,996,470	1,865,270	2,039,970	2,039,260	1,781,510	1,892,910	1,940,080	1,753,080	1,734,050	1,728,080	1,769,080	1,584,280	1,523,280	1,517,730	1,522,410
Total stockholders’ equity	US$ in thousands	97,000	125,000	142,000	140,000	94,000	83,000	131,000	133,000	81,000	60,503	35,132	33,961	-1,774	97,006	87,262	73,644	44,132	40,639	44,638	-3,310
Financial leverage ratio		26.77	15.46	14.75	15.19	22.55	24.05	14.24	15.34	25.18	29.44	53.88	57.13	—	17.88	19.80	24.02	35.90	37.48	34.00	—

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,597,000K ÷ $97,000K
= 26.77

The financial leverage ratio of Insperity Inc has shown some fluctuations over the past few years. The ratio stood at 34.00% as of June 30, 2020, increased to 37.48% by September 30, 2020, and then slightly decreased to 35.90% by December 31, 2020. The ratio experienced a sharp decline to 24.02% by March 31, 2021, and further decreased to 19.80% by June 30, 2021.

Subsequently, the financial leverage ratio continued to decrease, reaching 17.88% by September 30, 2021. However, data for December 31, 2021, was not available. The ratio then increased significantly to 57.13% by March 31, 2022, but saw a decline to 53.88% by June 30, 2022.

As of September 30, 2022, there was a notable drop in the financial leverage ratio to 29.44%, followed by a further decrease to 25.18% by December 31, 2022. The ratio continued to decline to 15.34% by March 31, 2023, and further decreased to 14.24% by June 30, 2023.

By September 30, 2023, the financial leverage ratio rose to 24.05% before dropping to 22.55% by December 31, 2023. The ratio then decreased to 15.19% by March 31, 2024, and to 14.75% by June 30, 2024. There was a slight increase to 15.46% by September 30, 2024, before rising notably to 26.77% by December 31, 2024.

Overall, the trend of the financial leverage ratio for Insperity Inc demonstrates varying levels of leverage over the reporting periods, with fluctuations in the company's debt relative to its equity.