O’Reilly Automotive Inc (ORLY)

Financial leverage ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total assets	US$ in thousands	13,873,000	13,551,800	13,276,600	12,972,800	12,628,000	12,238,000	12,067,700	11,760,400	11,718,700	11,789,400	11,949,300	11,850,900	11,596,600	12,504,000	11,728,500	11,108,900	10,717,200	10,372,700	10,201,900	10,061,600
Total stockholders’ equity	US$ in thousands	-1,739,280	-1,760,470	-1,627,470	-1,625,020	-1,060,750	-1,205,460	-1,107,430	-328,273	-66,423	-140,853	217,694	-6,977	140,258	709,225	589,100	108,844	397,340	166,219	144,682	372,365
Financial leverage ratio		—	—	—	—	—	—	—	—	—	—	54.89	—	82.68	17.63	19.91	102.06	26.97	62.40	70.51	27.02

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,873,000K ÷ $-1,739,280K
= —

As the financial leverage ratio data for O`Reilly Automotive, Inc. is not provided in the table, a detailed analysis of this particular ratio cannot be conducted. The financial leverage ratio is a metric that assesses a company's ability to meet its financial obligations by comparing its total debt to its total assets. It indicates the proportion of a company's assets that are financed by debt rather than equity. A higher financial leverage ratio implies higher financial risk as the company has more debt in its capital structure.

To evaluate O`Reilly Automotive, Inc.'s financial leverage position, it would be necessary to calculate the financial leverage ratio using the company's total debt and total assets figures from the financial statements across the mentioned quarters. A consistent analysis over multiple periods could reveal trends in the company's leverage position and its reliance on debt to finance its operations and growth.