New York Times Company (NYT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,841,480 | 2,714,600 | 2,533,750 | 2,564,110 | 2,307,690 |
| Total stockholders’ equity | US$ in thousands | 1,927,210 | 1,763,220 | 1,597,970 | 1,538,720 | 1,325,520 |
| Financial leverage ratio | 1.47 | 1.54 | 1.59 | 1.67 | 1.74 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,841,480K ÷ $1,927,210K
= 1.47
The financial leverage ratio of New York Times Company has shown a downward trend from 1.74 on December 31, 2020, to 1.47 on December 31, 2024. This indicates that the company has been gradually reducing its reliance on debt financing over the years, which can be viewed positively as it potentially signifies improved financial stability and reduced risk. A decreasing financial leverage ratio suggests that the company is relying more on equity financing rather than debt to support its operations and growth, which may enhance its creditworthiness and flexibility in managing its capital structure. Overall, the decreasing trend in the financial leverage ratio for New York Times Company is a positive indication of its financial health and risk management strategies.
Peer comparison
Dec 31, 2024