ScanSource Inc (SCSC)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,785,610 | 1,779,030 | 2,068,170 | 1,937,430 | 1,671,680 |
| Total stockholders’ equity | US$ in thousands | 906,409 | 924,255 | 905,298 | 806,528 | 731,191 |
| Financial leverage ratio | 1.97 | 1.92 | 2.28 | 2.40 | 2.29 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,785,610K ÷ $906,409K
= 1.97
The financial leverage ratio of ScanSource Inc. exhibits fluctuations over the four-year period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the ratio stood at 2.29, indicating that the company employed approximately 2.29 dollars of debt for every dollar of equity, reflecting a moderate level of leverage. By June 30, 2022, the ratio increased to 2.40, suggesting a slight rise in reliance on debt financing. However, this trend reversed by June 30, 2023, when the ratio decreased marginally to 2.28, indicating a stabilization or slight reduction in leverage levels.
The most notable change occurred between June 30, 2023, and June 30, 2024, when the ratio declined more significantly to 1.92. This decrease indicates a shift towards a lower reliance on debt relative to equity, potentially reflecting deleveraging strategies or improved equity positions. The ratio then increased slightly again to 1.97 by June 30, 2025, implying a modest uptick in leverage but remaining below the levels observed in 2021 and 2022.
Overall, the data indicates that the company's leverage ratio experienced some variability over the analyzed period, generally trending downward from its peak in 2022. The recent figures suggest a relative reduction in financial leverage, which could imply an effort to strengthen the balance sheet or adapt to changing financial strategies.
Peer comparison
Jun 30, 2025