Gibraltar Industries Inc (ROCK)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,419,410 | 1,256,450 | 1,210,610 | 1,214,900 | 1,212,490 |
| Total stockholders’ equity | US$ in thousands | 1,048,030 | 914,998 | 822,099 | 825,258 | 743,805 |
| Financial leverage ratio | 1.35 | 1.37 | 1.47 | 1.47 | 1.63 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,419,410K ÷ $1,048,030K
= 1.35
The financial leverage ratio of Gibraltar Industries Inc has displayed a decreasing trend over the past five years. From 1.63 in December 2020, the ratio declined to 1.35 by December 2024. This suggests that the company has been gradually reducing its reliance on debt to finance its operations and investments. A lower financial leverage ratio indicates a stronger equity position relative to debt, which may signify improved financial stability and reduced financial risk for the business. Overall, the trend in the financial leverage ratio for Gibraltar Industries Inc indicates a prudent approach to managing its capital structure.
Peer comparison
Dec 31, 2024