Boston Beer Company Inc (SAM)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,250,020 | 1,429,990 | 1,420,770 | 1,386,780 | 1,378,820 |
| Total stockholders’ equity | US$ in thousands | 916,187 | 1,077,930 | 1,068,550 | 983,409 | 956,967 |
| Financial leverage ratio | 1.36 | 1.33 | 1.33 | 1.41 | 1.44 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,250,020K ÷ $916,187K
= 1.36
Based on the data provided, Boston Beer Company Inc's financial leverage ratio has shown a declining trend from 1.44 in December 31, 2020, to 1.36 in December 31, 2024. This indicates that the company's reliance on debt to finance its operations has decreased over the years. A financial leverage ratio of less than 1 suggests that the company has more equity than debt in its capital structure, which can be seen as a positive sign of financial stability and lower financial risk. However, it is important to continue monitoring this ratio to ensure that the company maintains a healthy balance between debt and equity financing.
Peer comparison
Dec 31, 2024