Standex International Corporation (SXI)
Financial leverage ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,566,880 | 1,554,560 | 1,482,940 | 1,037,880 | 1,005,060 | 993,506 | 1,005,060 | 981,433 | 1,024,930 | 1,015,090 | 956,685 | 921,259 | 934,439 | 973,568 | 970,570 | 960,642 | 962,223 | 946,338 | 958,657 | 941,902 |
| Total stockholders’ equity | US$ in thousands | 711,677 | 686,928 | 656,034 | 658,021 | 621,503 | 618,982 | 620,571 | 594,639 | 607,449 | 605,550 | 529,417 | 491,690 | 499,343 | 527,620 | 523,450 | 512,730 | 506,425 | 482,653 | 498,190 | 476,568 |
| Financial leverage ratio | 2.20 | 2.26 | 2.26 | 1.58 | 1.62 | 1.61 | 1.62 | 1.65 | 1.69 | 1.68 | 1.81 | 1.87 | 1.87 | 1.85 | 1.85 | 1.87 | 1.90 | 1.96 | 1.92 | 1.98 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,566,880K ÷ $711,677K
= 2.20
The financial leverage ratio of Standex International Corporation has experienced fluctuations over the specified periods, reflecting changes in the proportion of total assets financed through debt relative to shareholders’ equity. Starting at approximately 1.98 as of September 30, 2020, the ratio generally declined over the subsequent periods, reaching a low of around 1.61 by March 31, 2024. This trend indicates a gradual reduction in financial leverage, suggesting the company relied less on debt financing relative to equity during this period.
Notably, from March 31, 2024, the ratio exhibits an increase to 2.26 by December 31, 2024, which remains stable into the first quarter of 2025. This upward shift signifies a recent increase in leverage, implying that the company has taken on a higher debt burden relative to its equity base during this period.
Overall, the company's financial leverage ratio has demonstrated a transitional pattern: a period of steady decline over approximately two years, indicative of lowered financial risk or prudent deleveraging, followed by a resurgence in leverage levels, reflecting increased debt utilization or strategic financial restructuring. The current ratio suggests a moderate to higher degree of financial leverage in the most recent periods, emphasizing the importance of monitoring associated risks and the company's capacity to service its obligations amidst these leverage changes.
Peer comparison
Jun 30, 2025