Somnigroup International Inc. (SGI)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,980,400 | 4,553,900 | 4,359,800 | 4,323,400 | 3,308,600 |
| Total stockholders’ equity | US$ in thousands | 559,000 | 323,400 | -22,100 | 285,800 | 503,600 |
| Financial leverage ratio | 10.70 | 14.08 | — | 15.13 | 6.57 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,980,400K ÷ $559,000K
= 10.70
The financial leverage ratio of Somnigroup International Inc. has shown significant fluctuations over the years based on the provided data.
- As of December 31, 2020, the financial leverage ratio was 6.57, indicating that the company had moderate leverage at that point in time.
- By December 31, 2021, the financial leverage ratio increased substantially to 15.13, suggesting a significant increase in the company's debt relative to its equity.
- The data for December 31, 2022 is not available ("-"), so it is unclear how the financial leverage ratio evolved during that year.
- As of December 31, 2023, the financial leverage ratio decreased to 14.08 from the previous year, but still remained at a relatively high level.
- Finally, by December 31, 2024, the financial leverage ratio further decreased to 10.70, indicating a reduction in the company's leverage compared to the previous year.
The fluctuations in the financial leverage ratio of Somnigroup International Inc. suggest varying levels of debt relative to equity over the years, impacting the company's financial risk and capital structure. Further analysis would be needed to understand the factors driving these changes in the financial leverage ratio.
Peer comparison
Dec 31, 2024