Prestige Brand Holdings Inc (PBH)

Financial leverage ratio

Mar 31, 2025 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
Total assets US$ in thousands 3,402,220 3,329,500 3,316,880 3,307,520 3,356,900 3,339,750 3,332,870 3,345,580 3,353,730 3,749,770 3,678,510 3,682,230 3,670,680 3,659,410 3,675,820 3,559,110 3,429,270 3,468,770 3,434,310 3,450,150
Total stockholders’ equity US$ in thousands 1,834,900 1,788,430 1,731,760 1,680,770 1,655,080 1,600,580 1,535,960 1,480,300 1,447,080 1,686,860 1,619,840 1,584,740 1,577,610 1,518,320 1,461,650 1,416,250 1,358,300 1,323,220 1,278,220 1,227,010
Financial leverage ratio 1.85 1.86 1.92 1.97 2.03 2.09 2.17 2.26 2.32 2.22 2.27 2.32 2.33 2.41 2.51 2.51 2.52 2.62 2.69 2.81

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,402,220K ÷ $1,834,900K
= 1.85

Prestige Brand Holdings Inc's financial leverage ratio has shown a gradual decreasing trend over the period from June 30, 2020, to March 31, 2025. The financial leverage ratio decreased from 2.81 on June 30, 2020, to 1.85 on March 31, 2025. A decreasing trend in the financial leverage ratio indicates that the company is relying less on debt financing in relation to its equity, which can be seen as a positive sign of financial stability and reduced financial risk. This downward trend in the financial leverage ratio suggests that the company may be managing its debt levels effectively, potentially improving its overall financial health and resilience. It is essential for investors and stakeholders to monitor this trend in the financial leverage ratio to assess Prestige Brand Holdings Inc's financial risk profile and capital structure.