Schrodinger Inc (SDGR)
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 | 823,226 | 669,296 | 688,371 | 737,762 | 802,955 | 794,148 | 841,566 | 838,773 | 688,587 | 661,985 | 687,880 | 719,537 | 756,487 | 762,617 | 717,334 | 744,189 | 746,263 | 680,116 | 349,551 | 349,872 |
| Total stockholders’ equity | US$ in thousands | 421,445 | 449,425 | 473,980 | 513,706 | 548,558 | 563,581 | 611,225 | 590,260 | 447,894 | 463,110 | 493,058 | 530,667 | 557,071 | 579,806 | 605,751 | 631,768 | 624,015 | 630,878 | 296,120 | 295,517 |
| Financial leverage ratio | 1.95 | 1.49 | 1.45 | 1.44 | 1.46 | 1.41 | 1.38 | 1.42 | 1.54 | 1.43 | 1.40 | 1.36 | 1.36 | 1.32 | 1.18 | 1.18 | 1.20 | 1.08 | 1.18 | 1.18 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $823,226K ÷ $421,445K
= 1.95
The financial leverage ratio of Schrodinger Inc has shown a fluctuating trend over the past few years, starting at 1.18 in March 2020 and remaining relatively stable around this level until September 2020 when it decreased to 1.08. Subsequently, the ratio increased to 1.20 by December 2020 and stayed close to this level until March 2021. From June 2021 to September 2022, there was a gradual increase in the ratio reaching a peak of 1.54 in December 2022.
However, starting from March 2023, there was a slight decline in the financial leverage ratio which continued until June 2024. The ratio fluctuated within a narrow range during this period varying between 1.38 and 1.49. Notably, a significant increase was observed in December 2024, where the ratio spiked to 1.95.
Overall, the financial leverage ratio indicates the extent to which Schrodinger Inc relies on debt financing to support its operations and investments. The fluctuations in the ratio over time suggest changes in the company's capital structure and financial risk profile, which may have implications for its profitability and solvency.
Peer comparison
Dec 31, 2024