Gibraltar Industries Inc (ROCK)
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 | 1,419,410 | 1,424,590 | 1,376,940 | 1,319,860 | 1,256,450 | 1,288,050 | 1,238,580 | 1,208,490 | 1,210,610 | 1,326,260 | 1,295,410 | 1,242,340 | 1,214,900 | 1,232,220 | 1,186,130 | 1,155,190 | 1,212,490 | 1,101,850 | 1,035,500 | 984,522 |
| Total stockholders’ equity | US$ in thousands | 1,048,030 | 1,003,230 | 975,671 | 940,185 | 914,998 | 889,849 | 850,310 | 835,387 | 822,099 | 843,491 | 817,278 | 838,402 | 825,258 | 814,684 | 787,608 | 758,408 | 743,805 | 746,075 | 709,764 | 677,357 |
| Financial leverage ratio | 1.35 | 1.42 | 1.41 | 1.40 | 1.37 | 1.45 | 1.46 | 1.45 | 1.47 | 1.57 | 1.59 | 1.48 | 1.47 | 1.51 | 1.51 | 1.52 | 1.63 | 1.48 | 1.46 | 1.45 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,419,410K ÷ $1,048,030K
= 1.35
Gibraltar Industries Inc's financial leverage ratio has shown some fluctuations over the observed period. The ratio, which measures the company's level of debt in relation to its equity, ranged from 1.37 to 1.63 during this time frame.
Generally, a higher financial leverage ratio indicates that the company is more reliant on debt financing, which could potentially lead to higher financial risk. On the other hand, a lower ratio suggests a more conservative capital structure with less debt.
In the case of Gibraltar Industries Inc, the ratio ranged between 1.37 and 1.63, with the highest value recorded on December 31, 2020. This peak may indicate a period where the company significantly increased its debt levels relative to equity, possibly for strategic growth or investment purposes.
Subsequently, the ratio gradually decreased, reaching a low of 1.35 on December 31, 2024. This decline could suggest that the company either paid down debt, increased equity, or a combination of both during this period.
Analyzing the trend in the financial leverage ratio can provide valuable insights into the company's capital structure decisions and overall financial health. Further analysis of the company's debt levels, profitability, and cash flow would be necessary to fully assess the implications of these fluctuations in the financial leverage ratio for Gibraltar Industries Inc.
Peer comparison
Dec 31, 2024