Silgan Holdings Inc (SLGN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,584,600 | 7,611,240 | 7,345,800 | 7,770,800 | 6,519,500 |
| Total stockholders’ equity | US$ in thousands | 1,989,580 | 1,889,360 | 1,718,300 | 1,562,700 | 1,252,900 |
| Financial leverage ratio | 4.31 | 4.03 | 4.28 | 4.97 | 5.20 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,584,600K ÷ $1,989,580K
= 4.31
The financial leverage ratio of Silgan Holdings Inc has shown a decreasing trend over the years, from 5.20 in December 31, 2020, to 4.31 in December 31, 2024. This indicates that the company has reduced its reliance on debt financing relative to equity. A lower financial leverage ratio generally implies lower financial risk for the company, as it has less debt in its capital structure compared to equity. It suggests that Silgan Holdings Inc may be managing its capital structure effectively and potentially improving its overall financial health. However, it's important to further analyze the company's specific circumstances and industry dynamics to fully assess the implications of this trend.
Peer comparison
Dec 31, 2024