ScanSource Inc (SCSC)
Financial leverage ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,785,610 | 1,725,210 | 1,702,530 | 1,786,510 | 1,797,980 | 1,782,990 | 1,780,800 | 1,898,540 | 2,068,170 | 1,980,380 | 2,130,530 | 2,000,310 | 1,937,430 | 1,840,800 | 1,770,870 | 1,697,350 | 1,671,680 | 1,582,620 | 1,597,120 | 1,733,340 |
| Total stockholders’ equity | US$ in thousands | 906,409 | 901,746 | 900,662 | 920,893 | 924,255 | 944,051 | 953,601 | 915,253 | 905,298 | 878,895 | 862,386 | 827,004 | 806,528 | 806,654 | 768,525 | 746,094 | 731,191 | 690,575 | 682,139 | 671,227 |
| Financial leverage ratio | 1.97 | 1.91 | 1.89 | 1.94 | 1.95 | 1.89 | 1.87 | 2.07 | 2.28 | 2.25 | 2.47 | 2.42 | 2.40 | 2.28 | 2.30 | 2.27 | 2.29 | 2.29 | 2.34 | 2.58 |
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 significant variability over the analyzed period, reflecting ongoing changes in the company’s capital structure. At the beginning of the period, as of September 30, 2020, the ratio stood at 2.58, indicating that the company was leveraging approximately 2.58 times its equity through debt. This level of leverage gradually decreased over the subsequent months, reaching a low point of 2.25 as of March 31, 2023. This decline suggests a reduction in reliance on debt financing relative to equity, possibly indicating efforts to deleverage or alter the company's capital structure for risk management or operational reasons.
The ratio experienced a modest resurgence post-March 2023, rising to approximately 2.28 by June 30, 2023. However, a notable decrease occurred thereafter, with the ratio falling to 1.87 as of December 31, 2023. This downward trend continued into 2024, reaching around 1.89 in the first quarter and 1.95 in the second quarter. The ratio maintained within this range, indicating a relatively stable but lower leverage profile compared to earlier periods.
In the most recent data available up to June 30, 2025, the financial leverage ratio remains around 1.97, reflecting a slight increase but still at a historically moderate level. Overall, the trend denotes a gradual reduction in leverage ratios over the analyzed timeframe, suggesting a strategic shift toward lower debt levels or increased equity financing, which could imply improved financial stability or an effort to mitigate financial risk amidst changing economic conditions.
Peer comparison
Jun 30, 2025