Sotera Health Co (SHC)
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 | 3,071,650 | 3,148,740 | 3,057,820 | 3,059,690 | 3,130,420 | 3,036,570 | 3,074,870 | 3,414,170 | 3,117,700 | 2,810,630 | 2,839,680 | 2,835,770 | 2,789,500 | 2,742,740 | 2,851,130 | 2,777,000 | 2,761,280 | 2,700,000 | 2,558,980 | — |
| Total stockholders’ equity | US$ in thousands | 404,911 | 470,163 | 422,764 | 429,392 | 443,734 | 377,471 | 418,367 | 361,125 | 350,238 | 606,729 | 636,000 | 642,130 | 586,096 | 525,769 | 523,271 | 465,744 | 454,574 | -663,858 | -683,704 | -627,507 |
| Financial leverage ratio | 7.59 | 6.70 | 7.23 | 7.13 | 7.05 | 8.04 | 7.35 | 9.45 | 8.90 | 4.63 | 4.46 | 4.42 | 4.76 | 5.22 | 5.45 | 5.96 | 6.07 | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,071,650K ÷ $404,911K
= 7.59
The financial leverage ratio of Sotera Health Co provides insights into the company's level of financial leverage, indicating the proportion of debt in its capital structure compared to equity. From March 31, 2020, to December 31, 2024, the financial leverage ratio fluctuated between 4.42 and 9.45.
Initially, the ratio was not reported for the period until December 31, 2020, when it was recorded at 6.07. Subsequently, there was a decreasing trend in the ratio, reaching its lowest point at 4.42 on March 31, 2022. Following this, there was a slight increase in the ratio, reaching 4.63 by September 30, 2022.
However, by December 31, 2022, the financial leverage ratio spiked to 8.90, indicating a significant increase in leverage. This trend continued through the following periods with fluctuations but generally maintaining a higher level compared to the earlier periods.
The ratio peaked at 9.45 on March 31, 2023, and then showed some variability before eventually settling at 7.59 as of December 31, 2024. Overall, the trend in the financial leverage ratio suggests that Sotera Health Co experienced fluctuations in its debt-to-equity ratio over the period, possibly reflecting changes in its capital structure and financing decisions.
Peer comparison
Dec 31, 2024