Schneider National Inc (SNDR)

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	4,933,700	4,574,700	4,547,900	4,578,800	4,557,200	4,580,300	4,453,200	4,470,700	4,318,200	4,305,900	4,222,100	4,086,600	3,937,300	3,870,100	3,767,800	3,613,300	3,516,200	3,853,600	3,777,700	3,714,900
Total stockholders’ equity	US$ in thousands	4,933,700	2,967,200	2,951,600	2,942,000	2,956,800	2,957,100	2,948,400	2,918,800	2,837,200	2,737,900	2,623,800	2,504,900	2,423,800	2,299,100	2,198,400	2,099,900	2,055,500	2,342,500	2,305,800	2,268,500
Financial leverage ratio		1.00	1.54	1.54	1.56	1.54	1.55	1.51	1.53	1.52	1.57	1.61	1.63	1.62	1.68	1.71	1.72	1.71	1.65	1.64	1.64

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,933,700K ÷ $4,933,700K
= 1.00

The financial leverage ratio of Schneider National Inc has been relatively stable over the past few years, hovering around the range of 1.50 to 1.70. This indicates that the company has, on average, maintained a reasonable balance between debt and equity financing in its capital structure.

Specifically, the ratio decreased from 1.64 as of March 31, 2020, to 1.00 as of December 31, 2024. This decline suggests that Schneider National Inc has been gradually reducing its reliance on debt to fund its operations and investments, which can be a positive sign for investors and creditors as it may lower the company's financial risk and improve its overall financial stability.

Overall, the consistent management of the financial leverage ratio reflects Schneider National Inc's prudent approach to capital structure management, ensuring that the company maintains an optimal level of leverage to support its growth and profitability objectives.