STAAR Surgical Company (STAA)
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 | 510 | 537,590 | 512,745 | 492,535 | 488,692 | 471,521 | 440,651 | 418,905 | 418,818 | 394,676 | 376,025 | 351,177 | 345,778 | 324,605 | 294,438 | 265,806 | 257,416 | 234,698 | 218,039 | 206,788 |
| Total stockholders’ equity | US$ in thousands | 397 | 428,122 | 409,103 | 392,788 | 385,954 | 378,595 | 353,697 | 338,924 | 336,112 | 320,132 | 299,307 | 276,317 | 258,558 | 249,108 | 234,622 | 214,176 | 197,222 | 186,392 | 174,674 | 164,967 |
| Financial leverage ratio | 1.28 | 1.26 | 1.25 | 1.25 | 1.27 | 1.25 | 1.25 | 1.24 | 1.25 | 1.23 | 1.26 | 1.27 | 1.34 | 1.30 | 1.25 | 1.24 | 1.31 | 1.26 | 1.25 | 1.25 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $510K ÷ $397K
= 1.28
The financial leverage ratio of STAAR Surgical Company has shown some fluctuation over the past few years, ranging from 1.23 to 1.34. This ratio indicates the company's level of debt in comparison to its equity. A higher ratio suggests higher financial leverage and, therefore, higher financial risk.
From March 31, 2020, to December 31, 2024, the financial leverage ratio has generally been stable, varying within a relatively narrow range. The company experienced a peak ratio of 1.34 in December 31, 2021, which could indicate a temporary increase in debt relative to equity. However, this was followed by a decrease in the ratio to 1.23 in September 30, 2022, before gradually increasing again.
Overall, the financial leverage ratio of STAAR Surgical Company appears to be manageable and within a reasonable range, signaling a balanced mix of debt and equity in its capital structure. However, it would be prudent for the company to monitor this ratio closely to ensure it remains at sustainable levels.
Peer comparison
Dec 31, 2024