RPC Inc (RES)

Financial leverage ratio

		Dec 31, 2024	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
Total assets	US$ in thousands	1,386,490	1,330,600	1,325,250	1,297,230	1,314,520	1,247,370	1,228,190	1,187,830	1,129,010	1,055,580	965,079	891,168	864,365	826,640	790,206	800,073	790,505	800,877	782,868	869,132
Total stockholders’ equity	US$ in thousands	1,078,290	1,072,340	1,059,760	1,033,290	1,022,510	997,756	987,402	927,695	857,735	773,410	706,662	657,768	641,791	630,783	624,134	623,176	631,567	637,555	648,653	671,235
Financial leverage ratio		1.29	1.24	1.25	1.26	1.29	1.25	1.24	1.28	1.32	1.36	1.37	1.35	1.35	1.31	1.27	1.28	1.25	1.26	1.21	1.29

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,386,490K ÷ $1,078,290K
= 1.29

The financial leverage ratio for RPC Inc has shown fluctuations over the years, ranging from 1.21 to 1.37. The ratio indicates the company's reliance on debt to finance its operations and investments. A higher ratio suggests a higher level of debt relative to equity, which can amplify returns but also increase financial risk.

From March 31, 2020, to December 31, 2024, the financial leverage ratio moved within a narrow range, indicating a relatively stable capital structure. The ratio peaked at 1.37 on June 30, 2022, which may have been a result of increased borrowing or a decrease in equity.

Overall, the financial leverage ratio for RPC Inc has remained fairly consistent, suggesting a balanced approach to capital structure management over the analyzed period. However, investors and analysts should continue to monitor changes in the ratio to assess the company's evolving risk profile and financial stability.