Sturm Ruger & Company Inc (RGR)

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 384,034 373,454 376,703 384,977 398,817 400,350 396,898 389,097 484,763 460,902 443,732 446,478 442,343 420,061 398,876 364,129 348,258 310,568 389,856 362,399
Total stockholders’ equity US$ in thousands 319,582 314,945 321,466 331,956 331,721 335,305 333,176 322,068 316,738 398,506 386,957 377,953 363,661 338,070 319,142 288,480 264,699 241,282 311,547 297,819
Financial leverage ratio 1.20 1.19 1.17 1.16 1.20 1.19 1.19 1.21 1.53 1.16 1.15 1.18 1.22 1.24 1.25 1.26 1.32 1.29 1.25 1.22

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $384,034K ÷ $319,582K
= 1.20

The financial leverage ratio of Sturm Ruger & Company Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 1.22 in March 2020, increased steadily to a peak of 1.53 in December 2022, and then decreased to 1.16 in March 2024. This ratio measures the extent to which the company relies on debt financing compared to equity. A ratio above 1 indicates that the company has more debt than equity in its capital structure.

The company's financial leverage ratio has displayed some volatility, which may indicate changes in its capital structure or financial strategy. It is important to closely monitor this ratio as high levels of leverage can increase financial risk and impact the company's ability to meet its financial obligations. Additionally, fluctuations in the ratio may reflect changes in the company's profitability, cash flow, or debt levels.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
Sturm Ruger & Company Inc
RGR
1.20
Axon Enterprise Inc.
AXON
2.13
National Presto Industries Inc
NPK
1.24