Sealed Air Corporation (SEE)
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 | 7,022,100 | 7,321,100 | 7,268,400 | 7,199,300 | 7,200,600 | 7,367,700 | 7,524,400 | 7,356,200 | 6,214,700 | 6,075,100 | 6,105,400 | 6,117,000 | 6,229,300 | 6,159,800 | 6,006,600 | 5,918,700 | 6,083,800 | 5,828,200 | 5,756,300 | 5,671,000 |
| Total stockholders’ equity | US$ in thousands | 624,500 | 771,200 | 650,100 | 598,300 | 549,500 | 408,400 | 412,400 | 346,500 | 344,100 | 218,200 | 199,700 | 190,400 | 248,700 | 127,700 | 93,800 | 101,400 | 172,500 | 24,500 | -70,100 | -181,900 |
| Financial leverage ratio | 11.24 | 9.49 | 11.18 | 12.03 | 13.10 | 18.04 | 18.25 | 21.23 | 18.06 | 27.84 | 30.57 | 32.13 | 25.05 | 48.24 | 64.04 | 58.37 | 35.27 | 237.89 | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,022,100K ÷ $624,500K
= 11.24
The financial leverage ratio of Sealed Air Corporation has shown fluctuations over the past few years. It started at 237.89% in September 2020, indicating a high level of leverage. However, the ratio decreased to 35.27% by December 2020, suggesting a significant reduction in debt relative to equity. Subsequently, the ratio increased to 64.04% by June 2021, indicating a higher level of leverage once again.
From September 2021 to December 2024, the financial leverage ratio gradually decreased from 48.24% to 11.24%. This downward trend suggests a decreasing reliance on debt financing and a strengthening of the company's equity position. Overall, the decreasing trend in the financial leverage ratio indicates a potential improvement in the company's financial stability and solvency over the period analyzed.
Peer comparison
Dec 31, 2024