Newell Brands Inc (NWL)

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	11,004,000	11,773,000	12,048,000	12,100,000	12,163,000	12,572,000	13,020,000	13,276,000	13,262,000	14,678,000	14,448,000	14,204,000	14,179,000	14,520,000	14,620,000	14,340,000	14,700,000	14,720,000	14,257,000	13,903,000
Total stockholders’ equity	US$ in thousands	2,751,000	2,860,000	3,080,000	3,076,000	3,112,000	3,126,000	3,315,000	3,333,000	3,519,000	3,776,000	3,947,000	3,980,000	4,091,000	4,055,000	3,986,000	3,836,000	3,874,000	3,726,000	3,492,000	3,454,000
Financial leverage ratio		4.00	4.12	3.91	3.93	3.91	4.02	3.93	3.98	3.77	3.89	3.66	3.57	3.47	3.58	3.67	3.74	3.79	3.95	4.08	4.03

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,004,000K ÷ $2,751,000K
= 4.00

Newell Brands Inc's financial leverage ratio, which measures the proportion of the company's debt to its total capital, has shown fluctuations over the recent quarters. The ratio decreased from 4.03 as of March 31, 2020, to 3.47 as of December 31, 2021, indicating a reduction in the level of debt in relation to the company's total capital. Subsequently, there was a gradual increase in the ratio, reaching 4.12 as of September 30, 2024.

Overall, the financial leverage ratio of Newell Brands Inc has shown some variability but generally remained within the range of 3.47 to 4.12 during the period under review, suggesting a moderate level of debt relative to the company's total capital. It is essential for stakeholders to monitor the trend of this ratio to assess the company's ability to meet its financial obligations and manage its leverage effectively.