Quidel Corporation (QDEL)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Total assets | US$ in thousands | 8,563,100 | 8,855,800 |
| Total stockholders’ equity | US$ in thousands | 5,005,900 | 4,934,600 |
| Financial leverage ratio | 1.71 | 1.79 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,563,100K ÷ $5,005,900K
= 1.71
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
Quidel Corporation
QDEL
1.71
IDEXX Laboratories Inc
IDXX
2.20
Lantheus Holdings Inc
LNTH
2.02
Myriad Genetics Inc
MYGN
1.46
Neogen Corporation
NEOG
1.45