Owens & Minor Inc (OMI)
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 | 4,656,160 | 5,081,280 | 5,304,000 | 5,207,990 | 5,093,320 | 5,124,060 | 5,288,000 | 5,310,200 | 5,386,280 | 5,538,580 | 5,555,280 | 5,707,970 | 3,536,550 | 3,584,120 | 3,591,830 | 3,390,820 | 3,335,640 | 3,297,120 | 3,137,790 | 3,714,870 |
| Total stockholders’ equity | US$ in thousands | 565,226 | 874,592 | 860,702 | 894,868 | 924,166 | 886,860 | 896,229 | 924,400 | 945,604 | 966,837 | 958,659 | 947,622 | 938,501 | 887,005 | 848,019 | 786,261 | 712,054 | 451,335 | 395,162 | 416,338 |
| Financial leverage ratio | 8.24 | 5.81 | 6.16 | 5.82 | 5.51 | 5.78 | 5.90 | 5.74 | 5.70 | 5.73 | 5.79 | 6.02 | 3.77 | 4.04 | 4.24 | 4.31 | 4.68 | 7.31 | 7.94 | 8.92 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,656,160K ÷ $565,226K
= 8.24
Owens & Minor Inc's financial leverage ratio has exhibited a declining trend from March 2020 to December 2024. The ratio stood at 8.92 in March 2020 and gradually decreased to 5.51 by December 2023, indicating a reduction in the company's reliance on debt to finance its operations. However, there was a slight increase to 5.82 by March 2024, followed by a more significant rise to 8.24 by December 2024.
Overall, the financial leverage ratio for Owens & Minor Inc fluctuated over the period, possibly reflecting changes in the company's capital structure and debt management strategies. The recent increase in the ratio toward the end of 2024 suggests a higher level of debt relative to equity, which could potentially increase the company's financial risk. It would be important to monitor future financial reports to assess if this trend continues and its impact on the company's financial stability and performance.
Peer comparison
Dec 31, 2024