Olin Corporation (OLN)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 7,579,100 | 7,713,200 | 8,044,200 | 8,517,700 | 8,270,900 |
Total stockholders’ equity | US$ in thousands | 2,055,400 | 2,232,400 | 2,543,600 | 2,652,200 | 1,452,300 |
Financial leverage ratio | 3.69 | 3.46 | 3.16 | 3.21 | 5.70 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,579,100K ÷ $2,055,400K
= 3.69
The financial leverage ratio of Olin Corporation has shown fluctuations over the past five years. Starting at 5.70 in December 31, 2020, the ratio decreased to 3.21 by December 31, 2021. Subsequently, the ratio continued to decrease to 3.16 by December 31, 2022 before experiencing a slight increase to 3.46 by December 31, 2023, and further rising to 3.69 by December 31, 2024. Overall, the trend indicates a downward trajectory initially, followed by a more recent upward movement in the financial leverage ratio of Olin Corporation.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Olin Corporation
OLN
3.69
Balchem Corporation
BCPC
1.37
Chemours Co
CC
12.44
FMC Corporation
FMC
2.60
Ingevity Corp
NGVT
10.36
Innospec Inc
IOSP
1.43