Insulet Corporation (PODD)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,087,700 | 2,588,200 | 2,251,100 | 2,048,800 | 1,872,900 |
| Total stockholders’ equity | US$ in thousands | 1,211,600 | 732,700 | 476,400 | 556,300 | 603,600 |
| Financial leverage ratio | 2.55 | 3.53 | 4.73 | 3.68 | 3.10 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,087,700K ÷ $1,211,600K
= 2.55
The financial leverage ratio of Insulet Corporation has shown some fluctuations over the past five years, increasing from 3.10 in December 2020 to 4.73 in December 2022, before decreasing to 2.55 in December 2024. This indicates that the company has been using more debt to finance its operations in certain periods, which may have implications on its financial risk and stability. It is important for investors and stakeholders to closely monitor these changes in the financial leverage ratio to assess the company's debt management and overall financial health.
Peer comparison
Dec 31, 2024