STAAR Surgical Company (STAA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 509,524 | 488,692 | 415,148 | 345,778 | 257,416 |
| Total stockholders’ equity | US$ in thousands | 397,335 | 385,954 | 332,442 | 258,558 | 197,222 |
| Financial leverage ratio | 1.28 | 1.27 | 1.25 | 1.34 | 1.31 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $509,524K ÷ $397,335K
= 1.28
The financial leverage ratio of STAAR Surgical Company has shown a somewhat stable trend over the past five years. It stood at 1.31 at the end of 2020 and increased slightly to 1.34 by the end of 2021. However, in the subsequent years, there was a slight decrease in the ratio, reaching 1.25 by the end of 2022, followed by a modest increase to 1.27 by the end of 2023, and then to 1.28 by the end of 2024.
Overall, the company's financial leverage ratio indicates that it has been relying moderately on debt to finance its operations and growth. It is essential for stakeholders to monitor this ratio closely to ensure that the company maintains a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024