Rogers Corporation (ROG)
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 | 1,481,100 | 1,540,000 | 1,487,100 | 1,488,000 | 1,517,200 | 1,520,870 | 1,568,380 | 1,611,530 | 1,646,210 | 1,625,790 | 1,632,270 | 1,593,260 | 1,598,570 | 1,346,040 | 1,313,480 | 1,282,220 | 1,264,000 | 1,272,040 | 1,400,540 | 1,426,420 |
| Total stockholders’ equity | US$ in thousands | 1,251,600 | 1,300,700 | 1,260,800 | 1,259,800 | 1,259,000 | 1,210,610 | 1,205,620 | 1,178,260 | 1,172,470 | 1,089,850 | 1,106,570 | 1,117,480 | 1,118,900 | 1,099,260 | 1,076,660 | 1,040,860 | 1,020,760 | 987,024 | 962,582 | 937,809 |
| Financial leverage ratio | 1.18 | 1.18 | 1.18 | 1.18 | 1.21 | 1.26 | 1.30 | 1.37 | 1.40 | 1.49 | 1.48 | 1.43 | 1.43 | 1.22 | 1.22 | 1.23 | 1.24 | 1.29 | 1.45 | 1.52 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,481,100K ÷ $1,251,600K
= 1.18
The financial leverage ratio of Rogers Corporation has demonstrated fluctuations over the past five years, ranging from a high of 1.52 in March 2020 to a low of 1.18 as of December 2024. Overall, the trend shows a gradual decrease in the leverage ratio from 2020 to 2023, indicating a potential decrease in the company's reliance on debt financing to fund its operations and investments. However, there was a slight increase in the ratio in 2024, stabilizing at 1.18 for the last four quarters.
A financial leverage ratio below 1 indicates that the company has more equity relative to debt in its capital structure, which can be seen as a favorable position in terms of financial risk. Conversely, a ratio above 1 suggests that the company has more debt than equity, implying a higher level of financial risk.
It is important for stakeholders to monitor the financial leverage ratio of Rogers Corporation over time to assess the company's capital structure and financial health accurately. The recent stabilization of the ratio at 1.18 may indicate a balance between debt and equity that management finds optimal for the company's strategic objectives and financial stability.
Peer comparison
Dec 31, 2024