Silgan Holdings Inc (SLGN)
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 | 8,584,600 | 7,747,400 | 7,693,240 | 7,574,260 | 7,611,240 | 7,812,300 | 7,913,700 | 7,861,700 | 7,345,800 | 7,519,400 | 7,874,500 | 7,710,400 | 7,770,800 | 7,547,800 | 6,724,300 | 6,441,500 | 6,519,500 | 6,452,600 | 6,373,100 | 5,528,500 |
| Total stockholders’ equity | US$ in thousands | 1,989,200 | 2,053,970 | 1,933,690 | 1,899,850 | 1,889,360 | 1,781,900 | 1,871,100 | 1,781,300 | 1,718,300 | 1,693,200 | 1,625,500 | 1,638,200 | 1,562,700 | 1,456,700 | 1,388,600 | 1,276,400 | 1,252,900 | 1,218,900 | 1,089,700 | 1,020,600 |
| Financial leverage ratio | 4.32 | 3.77 | 3.98 | 3.99 | 4.03 | 4.38 | 4.23 | 4.41 | 4.28 | 4.44 | 4.84 | 4.71 | 4.97 | 5.18 | 4.84 | 5.05 | 5.20 | 5.29 | 5.85 | 5.42 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,584,600K ÷ $1,989,200K
= 4.32
The financial leverage ratio of Silgan Holdings Inc has shown a decreasing trend from 5.42 as of March 31, 2020, to 4.32 as of December 31, 2024. This indicates that the company's reliance on debt has been gradually decreasing over the period under review. A lower financial leverage ratio suggests that the company is using less debt to finance its operations, which can be a positive sign as it indicates lower financial risk and increased financial stability. However, it is essential to note that a low leverage ratio may also indicate underutilization of debt, potentially missing out on the tax benefits associated with debt financing. Overall, Silgan Holdings Inc's declining financial leverage ratio suggests a conservative approach to capital structure management and a reducing reliance on debt to fund its operations.
Peer comparison
Dec 31, 2024