Post Holdings Inc (POST)
Financial leverage ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 12,854,200 | 12,128,500 | 12,191,100 | 12,072,400 | 11,646,700 | 11,886,900 | 11,316,800 | 11,355,000 | 11,308,000 | 11,560,200 | 11,830,700 | 12,612,900 | 12,414,700 | 12,562,400 | 12,141,000 | 12,140,300 | 12,146,700 | 11,927,700 | 12,237,600 | 11,943,500 |
| Total stockholders’ equity | US$ in thousands | 4,090,600 | 3,945,100 | 3,980,300 | 3,944,000 | 3,842,100 | 3,950,000 | 3,473,000 | 3,428,300 | 3,254,000 | 3,395,000 | 3,476,500 | 2,566,100 | 2,742,400 | 2,833,900 | 2,901,200 | 2,920,700 | 2,854,500 | 2,916,300 | 2,907,100 | 3,357,800 |
| Financial leverage ratio | 3.14 | 3.07 | 3.06 | 3.06 | 3.03 | 3.01 | 3.26 | 3.31 | 3.48 | 3.41 | 3.40 | 4.92 | 4.53 | 4.43 | 4.18 | 4.16 | 4.26 | 4.09 | 4.21 | 3.56 |
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 relatively stable over the past few quarters, ranging between 3.01 and 3.48. However, there was a significant spike in the ratio at the end of 2021, reaching 4.92, before gradually decreasing in subsequent quarters.
The trend of the financial leverage ratio indicates that the company has been utilizing debt as part of its capital structure, with a increasing level of leverage in the recent past. A higher financial leverage ratio suggests that a company relies more on debt financing rather than equity, which can amplify returns on equity but also increase financial risk.
It is important for investors and stakeholders to monitor the financial leverage ratio over time to assess the company's ability to meet its debt obligations. If the ratio continues to increase significantly, it may raise concerns about the company's financial health and ability to manage its debt levels effectively.
Peer comparison
Sep 30, 2024