Post Holdings Inc (POST)
Financial leverage ratio
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 12,854,200 | 11,646,700 | 11,308,000 | 12,414,700 | 12,146,700 |
Total stockholders’ equity | US$ in thousands | 4,090,600 | 3,842,100 | 3,254,000 | 2,742,400 | 2,854,500 |
Financial leverage ratio | 3.14 | 3.03 | 3.48 | 4.53 | 4.26 |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,854,200K ÷ $4,090,600K
= 3.14
The financial leverage ratio of Post Holdings Inc has been fluctuating over the past five years. The ratio stood at 3.14 as of September 30, 2024, compared to 3.03 in 2023, 3.48 in 2022, 4.53 in 2021, and 4.26 in 2020. This indicates that the company has varying levels of financial leverage, with higher values suggesting a higher degree of financial leverage or dependence on debt financing relative to equity. It is important to monitor this ratio over time to assess the company's capital structure and its ability to meet financial obligations.
Peer comparison
Sep 30, 2024
Company name
Symbol
Financial leverage ratio
Post Holdings Inc
POST
3.14
General Mills Inc
GIS
3.35
Ingredion Incorporated
INGR
2.16
Kellanova
K
4.92
WK Kellogg Co
KLG
6.30