ePlus inc (PLUS)
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 | 1,765,780 | 1,700,050 | 1,650,970 | 1,668,530 | 1,595,600 | 1,618,790 | 1,680,810 | 1,414,830 | 1,597,860 | 1,371,340 | 1,256,150 | 1,166,200 | 1,255,150 | 1,139,940 | 1,077,420 | 1,076,780 | 1,125,950 | 1,038,710 | 1,058,860 | 909,113 |
| Total stockholders’ equity | US$ in thousands | 962,340 | 946,997 | 921,928 | 901,779 | 877,753 | 845,696 | 813,291 | 782,265 | 746,420 | 705,645 | 676,288 | 660,738 | 639,296 | 613,603 | 583,619 | 562,410 | 545,009 | 523,070 | 502,725 | 486,145 |
| Financial leverage ratio | 1.83 | 1.80 | 1.79 | 1.85 | 1.82 | 1.91 | 2.07 | 1.81 | 2.14 | 1.94 | 1.86 | 1.76 | 1.96 | 1.86 | 1.85 | 1.91 | 2.07 | 1.99 | 2.11 | 1.87 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,765,780K ÷ $962,340K
= 1.83
The financial leverage ratio of ePlus inc has fluctuated over the past few years, ranging from a low of 1.76 to a high of 2.14. This ratio indicates the extent to which the company is using debt to finance its operations and investments. A higher financial leverage ratio suggests that the company is relying more on debt to fund its activities, which can increase financial risk but also potentially amplify returns. On the other hand, a lower ratio signifies a lower level of debt relative to equity, which may indicate a more conservative financial structure.
Based on the trend observed in the data, the financial leverage ratio of ePlus inc has shown some variability, with occasional peaks and troughs over the reporting periods. This could signify changes in the company's capital structure and financing decisions. Investors and analysts may want to further investigate the reasons behind these fluctuations in order to assess the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024