Somnigroup International Inc. (SGI)
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 | 5,980,400 | 4,568,000 | 4,578,000 | 4,585,800 | 4,553,900 | 4,546,100 | 4,570,800 | 4,537,100 | 4,359,800 | 4,351,700 | 4,404,400 | 4,321,900 | 4,323,400 | 4,467,300 | 3,277,600 | 3,542,100 | 3,308,600 | 3,455,400 | 3,201,900 | 3,306,200 |
| Total stockholders’ equity | US$ in thousands | 559,000 | 564,500 | 411,800 | 326,600 | 323,400 | 214,100 | 147,500 | 43,600 | -12,300 | -143,300 | -180,900 | -91,300 | 285,800 | 371,000 | 410,100 | 327,200 | 503,600 | 456,200 | 249,700 | 208,400 |
| Financial leverage ratio | 10.70 | 8.09 | 11.12 | 14.04 | 14.08 | 21.23 | 30.99 | 104.06 | — | — | — | — | 15.13 | 12.04 | 7.99 | 10.83 | 6.57 | 7.57 | 12.82 | 15.86 |
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 fluctuations over the past few years. The ratio decreased from 15.86 as of March 31, 2020, to 6.57 by December 31, 2020, indicating a significant reduction in the company's financial leverage. This downward trend continued into the first half of 2021, with the ratio reaching its lowest point of 7.99 on June 30, 2021.
However, the financial leverage ratio began to increase again in the second half of 2021, peaking at 15.13 by December 31, 2021. This suggests that the company may have taken on more debt during this period.
In the subsequent quarters, the ratio fluctuated but remained relatively high, hovering between 10.70 and 14.08 throughout 2024. The sudden spike to 104.06 as of March 31, 2023, may be an anomaly or indicative of a significant event impacting the company's capital structure.
Overall, the trend in Somnigroup International Inc.'s financial leverage ratio indicates varying levels of debt utilization and capital structure adjustments over the analyzed period. Investors and stakeholders may want to monitor these changes to assess the company's risk profile and financial health.
Peer comparison
Dec 31, 2024