Pitney Bowes Inc (PBI)
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 | 3,397,520 | 3,647,720 | 4,078,400 | 4,103,050 | 4,272,180 | 4,422,700 | 4,423,360 | 4,530,850 | 4,741,360 | 4,593,150 | 4,677,590 | 4,787,060 | 4,958,870 | 4,954,610 | 5,013,300 | 4,941,180 | 5,224,360 | 5,044,030 | 5,116,180 | 4,893,430 |
| Total stockholders’ equity | US$ in thousands | -578,433 | -518,879 | -427,889 | -392,355 | -368,576 | -125,109 | -75,487 | 59,964 | 60,653 | -8,276 | 44,154 | 92,882 | 112,632 | 48,663 | 53,370 | 19,163 | 66,395 | 79,125 | 44,580 | 29,430 |
| Financial leverage ratio | — | — | — | — | — | — | — | 75.56 | 78.17 | — | 105.94 | 51.54 | 44.03 | 101.81 | 93.93 | 257.85 | 78.69 | 63.75 | 114.76 | 166.27 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,397,520K ÷ $-578,433K
= —
Pitney Bowes Inc's financial leverage ratio has shown fluctuations over the provided period. As of December 31, 2022, the financial leverage ratio was at 78.17, indicating that the company's reliance on debt to finance its operations was moderate. However, this ratio decreased to 44.03 by the end of the same year, suggesting a reduction in the company's debt levels relative to its equity.
The financial leverage ratio increased to 51.54 as of March 31, 2022, and peaked significantly at 257.85 by the end of the first quarter of 2021, indicating a high level of financial risk and reliance on debt during that period.
Subsequently, the ratio fluctuated and decreased substantially to 105.94 as of June 30, 2022, before declining further to 63.75 by September 30, 2020. Notably, there is missing data for the financial leverage ratio between June 30, 2023, and December 31, 2024.
Overall, the trend in Pitney Bowes Inc's financial leverage ratio suggests variations in the company's capital structure and debt management strategies over time, with some periods indicating higher reliance on debt compared to others.