Rogers Corporation (ROG)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,481,100 | 1,517,200 | 1,646,210 | 1,598,570 | 1,264,000 |
| Total stockholders’ equity | US$ in thousands | 1,251,600 | 1,259,000 | 1,172,470 | 1,118,900 | 1,020,760 |
| Financial leverage ratio | 1.18 | 1.21 | 1.40 | 1.43 | 1.24 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,481,100K ÷ $1,251,600K
= 1.18
The financial leverage ratio for Rogers Corporation has shown fluctuations over the years, ranging from 1.18 to 1.43. The trend indicates a mild increase from 1.24 in 2020 to a peak of 1.43 in 2021, followed by a slight decline in subsequent years. A financial leverage ratio above 1 suggests that the company relies more on debt to finance its operations than on equity. Despite some variation, overall, the company maintains a relatively stable financial leverage position, indicating a balanced mix of debt and equity in its capital structure. It is essential for Rogers Corporation to monitor and manage its leverage ratio to ensure optimal capital structure and financial health.
Peer comparison
Dec 31, 2024