Rush Enterprises A Inc (RUSHA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,617,550 | 4,364,240 | 3,821,070 | 3,119,980 | 2,985,390 |
| Total stockholders’ equity | US$ in thousands | 2,141,550 | 1,870,880 | 1,744,490 | 1,466,750 | 1,268,040 |
| Financial leverage ratio | 2.16 | 2.33 | 2.19 | 2.13 | 2.35 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,617,550K ÷ $2,141,550K
= 2.16
The financial leverage ratio of Rush Enterprises A Inc has shown some fluctuations over the past five years. It decreased from 2.35 at the end of December 2020 to 2.13 by the end of December 2021. However, it then increased slightly to 2.19 by the end of December 2022, followed by a further rise to 2.33 by the end of December 2023. Subsequently, the ratio declined to 2.16 by the end of December 2024.
Overall, the financial leverage ratio of Rush Enterprises A Inc indicates that the company has been utilizing a moderate level of debt in its capital structure over the years, with some variations observed annually. The downward trend in recent years suggests potential efforts to manage debt levels efficiently. Further analysis of the company's financial position and performance metrics could provide additional insights into its leverage strategy.
Peer comparison
Dec 31, 2024