Owens Corning Inc (OC)
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 | 14,075,000 | 15,054,000 | 14,991,000 | 11,269,000 | 11,237,000 | 11,069,000 | 11,001,000 | 10,840,000 | 10,752,000 | 10,721,000 | 10,543,000 | 10,316,000 | 10,015,000 | 9,981,000 | 9,977,000 | 9,560,000 | 9,481,000 | 9,398,000 | 9,370,000 | 9,151,000 |
| Total stockholders’ equity | US$ in thousands | 5,077,000 | 5,623,000 | 5,472,000 | 5,229,000 | 5,166,000 | 5,105,000 | 5,014,000 | 4,791,000 | 4,575,000 | 4,640,000 | 4,540,000 | 4,341,000 | 4,296,000 | 4,210,000 | 4,117,000 | 3,928,000 | 3,901,000 | 3,852,000 | 3,624,000 | 3,487,000 |
| Financial leverage ratio | 2.77 | 2.68 | 2.74 | 2.16 | 2.18 | 2.17 | 2.19 | 2.26 | 2.35 | 2.31 | 2.32 | 2.38 | 2.33 | 2.37 | 2.42 | 2.43 | 2.43 | 2.44 | 2.59 | 2.62 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,075,000K ÷ $5,077,000K
= 2.77
The financial leverage ratio of Owens Corning Inc has shown some fluctuations over the reported periods. The ratio stood at 2.62 on March 31, 2020, and gradually decreased to 2.31 by September 30, 2022. However, there was a slight increase to 2.35 by December 31, 2022. Notably, there was a significant spike in the ratio to 2.77 by December 31, 2024, indicating a higher level of financial leverage at the end of the period. Overall, the trend suggests some variability in Owens Corning's capital structure and debt levels over the reported periods.