Sabre Corpo (SABR)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,672,190 | 4,962,880 | 5,291,330 | 6,077,720 | 5,689,960 |
| Total stockholders’ equity | US$ in thousands | -1,388,480 | -884,327 | -508,907 | 355,604 | 939,081 |
| Financial leverage ratio | — | — | — | 17.09 | 6.06 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,672,190K ÷ $-1,388,480K
= —
The financial leverage ratio for Sabre Corp has shown significant fluctuations over the past five years. In 2019, the ratio was at 6.06, indicating that the company had a moderate level of financial leverage. However, by 2020, the ratio had increased substantially to 17.09, suggesting a significant increase in the company's reliance on debt to finance its operations.
Unfortunately, data for the financial leverage ratio is not available for the years 2021, 2022, and 2023, making it challenging to provide a complete trend analysis. Without this data, it is difficult to assess the company's current level of financial leverage and how it has evolved in recent years. Further information would be necessary to evaluate the company's capital structure and debt management practices effectively.
Peer comparison
Dec 31, 2023