Stanley Black & Decker Inc (SWK)
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 | 21,848,900 | 22,481,800 | 22,454,200 | 23,853,900 | 23,663,800 | 24,097,100 | 24,933,200 | 25,071,700 | 24,963,300 | 25,523,900 | 29,361,400 | 29,358,700 | 28,197,600 | 24,326,600 | 23,962,900 | 23,876,000 | 23,566,300 | 23,040,900 | 22,984,400 | 22,905,000 |
| Total stockholders’ equity | US$ in thousands | 8,719,900 | 8,859,200 | 8,721,900 | 8,876,400 | 9,056,100 | 9,327,300 | 9,533,800 | 9,490,300 | 9,712,100 | 9,546,600 | 9,079,800 | 9,352,800 | 11,590,500 | 11,316,300 | 11,084,000 | 11,401,800 | 11,059,600 | 10,372,900 | 9,959,500 | 8,953,400 |
| Financial leverage ratio | 2.51 | 2.54 | 2.57 | 2.69 | 2.61 | 2.58 | 2.62 | 2.64 | 2.57 | 2.67 | 3.23 | 3.14 | 2.43 | 2.15 | 2.16 | 2.09 | 2.13 | 2.22 | 2.31 | 2.56 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $21,848,900K ÷ $8,719,900K
= 2.51
The financial leverage ratio of Stanley Black & Decker Inc has shown some fluctuations over the past few years. The ratio was at 2.56 as of March 31, 2020, indicating that the company had $2.56 of debt for every $1 of equity. The ratio decreased to 2.13 by December 31, 2020, reflecting a reduction in leverage. However, the ratio increased again to 3.14 as of March 31, 2022, signaling a significant increase in debt relative to equity.
Subsequently, the ratio fluctuated between 2.09 and 2.69 through March 31, 2024, with some variability in the company's leverage position. Overall, the trend indicates that Stanley Black & Decker Inc has been managing its financial leverage, although there have been periods of increased leverage which should be carefully monitored for their impact on the company's financial health and stability.
Peer comparison
Dec 31, 2024