Post Holdings Inc (POST)
Financial leverage ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 11,646,700 | 11,308,000 | 12,414,700 | 12,146,700 | 11,951,600 |
| Total stockholders’ equity | US$ in thousands | 3,842,100 | 3,254,000 | 2,742,400 | 2,854,500 | 2,925,900 |
| Financial leverage ratio | 3.03 | 3.48 | 4.53 | 4.26 | 4.08 |
September 30, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,646,700K ÷ $3,842,100K
= 3.03
The financial leverage ratio of Post Holdings Inc has shown a decreasing trend over the past five years, declining from 4.08 in 2019 to 3.03 in 2023. This indicates that the company has been reducing its reliance on debt to finance its operations and investments. A lower financial leverage ratio suggests a lower level of financial risk and greater financial stability. Post Holdings Inc's decreasing leverage ratio may indicate an improved ability to meet its financial obligations and a stronger financial position overall. However, it is important to consider the specific industry and business circumstances when interpreting this ratio, as different industries may have different typical leverage ratios.
Peer comparison
Sep 30, 2023