Boston Beer Company Inc (SAM)
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 | 1,250,020 | 1,381,990 | 1,435,450 | 1,384,190 | 1,429,990 | 1,516,890 | 1,492,550 | 1,392,510 | 1,420,770 | 1,530,700 | 1,480,470 | 1,390,000 | 1,386,780 | 1,463,530 | 1,560,950 | 1,464,170 | 1,378,820 | 1,312,340 | 1,208,250 | 1,193,560 |
| Total stockholders’ equity | US$ in thousands | 916,187 | 1,014,160 | 1,040,540 | 1,046,730 | 1,077,930 | 1,120,780 | 1,087,190 | 1,041,360 | 1,068,550 | 1,073,990 | 1,044,040 | 984,924 | 983,409 | 1,029,380 | 1,084,140 | 1,028,720 | 956,967 | 918,530 | 827,483 | 758,236 |
| Financial leverage ratio | 1.36 | 1.36 | 1.38 | 1.32 | 1.33 | 1.35 | 1.37 | 1.34 | 1.33 | 1.43 | 1.42 | 1.41 | 1.41 | 1.42 | 1.44 | 1.42 | 1.44 | 1.43 | 1.46 | 1.57 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,250,020K ÷ $916,187K
= 1.36
The financial leverage ratio of Boston Beer Company Inc has displayed some fluctuations over the period from March 2020 to December 2024. The ratio indicates the level of the company's debt relative to its equity. A higher ratio signifies higher financial risk and dependence on debt financing.
From March 2020 to December 2022, the financial leverage ratio remained relatively stable, ranging between 1.57 and 1.41. However, there was a noticeable decline in the ratio from December 2022 to March 2024, dropping to 1.32 before experiencing a slight increase to 1.38 by June 2024. This indicates a decrease in the proportion of debt in the company's capital structure during this period.
Overall, the trend in the financial leverage ratio of Boston Beer Company Inc suggests a moderate level of debt usage in its capital structure, with some variations observed in recent quarters. Monitoring this ratio can provide insights into the company's financial risk and stability as it relates to its debt obligations.
Peer comparison
Dec 31, 2024