Perdoceo Education Corp (PRDO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,237,030 | 1,007,320 | 957,368 | 847,433 | 721,517 |
| Total stockholders’ equity | US$ in thousands | 959,536 | 841,421 | 725,845 | 650,110 | 555,907 |
| Financial leverage ratio | 1.29 | 1.20 | 1.32 | 1.30 | 1.30 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,237,030K ÷ $959,536K
= 1.29
The financial leverage ratio for Perdoceo Education Corp has shown stability over the years, ranging from 1.20 to 1.32. This indicates that the company relies moderately on debt financing to support its operations and growth. A ratio above 1 suggests that the company has more debt than equity in its capital structure. The slight fluctuations in the ratio may reflect changes in the company's debt levels or equity position. Overall, a consistent financial leverage ratio implies a balanced approach to leveraging, where the company is not overly reliant on debt to fund its activities. Further analysis of the company's debt management and capital structure could provide additional insights into its overall financial health and risk profile.
Peer comparison
Dec 31, 2024