Proto Labs Inc (PRLB)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 743,512 | 772,353 | 802,168 | 928,582 | 744,204 |
| Total stockholders’ equity | US$ in thousands | 670,151 | 695,295 | 697,648 | 828,493 | 644,356 |
| Financial leverage ratio | 1.11 | 1.11 | 1.15 | 1.12 | 1.15 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $743,512K ÷ $670,151K
= 1.11
The financial leverage ratio of Proto Labs Inc has shown relatively consistent levels over the past five years, ranging from 1.11 to 1.15. This ratio measures the extent to which the company relies on debt financing as opposed to equity. A ratio above 1 indicates higher reliance on debt, while a ratio below 1 suggests more reliance on equity. Proto Labs Inc's financial leverage ratio has remained close to 1, indicating a balanced mix of debt and equity in its capital structure. Overall, the company has maintained a stable financial leverage position, which could be seen as a positive sign for investors and lenders.
Peer comparison
Dec 31, 2024