Performance Food Group Co (PFGC)
Financial leverage ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 17,097,000 | 14,396,500 | 12,873,900 | 12,912,500 | 12,903,200 | 12,499,000 | 12,189,500 | 12,189,600 | 12,168,600 | 12,378,000 | 11,979,600 | 11,956,400 | 11,581,700 | 7,845,700 | 7,449,800 | 7,493,700 | 7,739,900 | 7,719,700 | 7,870,800 | 6,111,100 |
| Total stockholders’ equity | US$ in thousands | 4,257,200 | 4,208,200 | 3,953,400 | 3,861,700 | 3,828,300 | 3,745,500 | 3,581,700 | 3,496,500 | 3,400,700 | 3,299,500 | 3,204,500 | 3,160,900 | 3,123,500 | 2,106,100 | 2,057,700 | 2,046,900 | 2,020,700 | 2,010,600 | 1,823,200 | 1,378,500 |
| Financial leverage ratio | 4.02 | 3.42 | 3.26 | 3.34 | 3.37 | 3.34 | 3.40 | 3.49 | 3.58 | 3.75 | 3.74 | 3.78 | 3.71 | 3.73 | 3.62 | 3.66 | 3.83 | 3.84 | 4.32 | 4.43 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $17,097,000K ÷ $4,257,200K
= 4.02
Performance Food Group Co's financial leverage ratio has been fluctuating over the years. From December 31, 2019, where the ratio stood at 4.43, it decreased to 3.34 by December 31, 2023, before slightly increasing to 4.02 by December 31, 2024. The trend shows a general decrease in the financial leverage ratio, indicating a reduction in the company's reliance on debt to finance its operations. It is evident that the company has been managing its debt levels effectively, which is a positive sign for investors and creditors alike. However, the increase in the ratio by the end of 2024 suggests a potential shift in the company's capital structure or investment decisions. Monitoring this ratio over time can provide valuable insights into the company's long-term financial health and risk profile.
Peer comparison
Dec 31, 2024