Molson Coors Brewing Co Class B (TAP)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 26,064,300 | 26,375,100 | 25,868,300 | 27,619,000 | 27,331,100 |
| Total stockholders’ equity | US$ in thousands | 13,092,400 | 13,196,000 | 12,689,700 | 13,417,100 | 12,365,000 |
| Financial leverage ratio | 1.99 | 2.00 | 2.04 | 2.06 | 2.21 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $26,064,300K ÷ $13,092,400K
= 1.99
The financial leverage ratio of Molson Coors Brewing Co Class B has shown a trend of decreasing from 2.21 as of December 31, 2020, to 1.99 as of December 31, 2024. This indicates that the company has been effectively reducing its reliance on debt to finance its operations over this period. A lower financial leverage ratio suggests that the company is relying more on equity financing, which can be viewed positively as it reduces the risk associated with high debt levels. Overall, the decreasing trend in the financial leverage ratio reflects a healthier capital structure for Molson Coors Brewing Co Class B.
Peer comparison
Dec 31, 2024