Molson Coors Brewing Co Class B (TAP)
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 | 26,064,300 | 26,635,300 | 27,394,200 | 26,072,300 | 26,375,100 | 26,568,400 | 26,789,600 | 25,852,500 | 25,868,300 | 26,708,500 | 27,387,900 | 27,721,500 | 27,619,000 | 27,643,500 | 28,519,900 | 27,163,600 | 27,331,100 | 28,675,300 | 28,638,800 | 28,461,100 |
| Total stockholders’ equity | US$ in thousands | 13,092,400 | 13,345,300 | 13,179,600 | 13,120,100 | 13,196,000 | 13,246,000 | 13,030,800 | 12,696,500 | 12,689,700 | 13,170,300 | 13,372,800 | 13,531,800 | 13,417,100 | 13,275,500 | 12,984,800 | 12,580,800 | 12,365,000 | 13,512,700 | 13,002,900 | 12,686,600 |
| Financial leverage ratio | 1.99 | 2.00 | 2.08 | 1.99 | 2.00 | 2.01 | 2.06 | 2.04 | 2.04 | 2.03 | 2.05 | 2.05 | 2.06 | 2.08 | 2.20 | 2.16 | 2.21 | 2.12 | 2.20 | 2.24 |
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 gradual decrease over the time period analyzed. The ratio stood at 2.24 as of March 31, 2020, and steadily declined to 1.99 by December 31, 2024. This indicates a decreasing reliance on debt financing to support the company's operations and growth. A lower financial leverage ratio suggests that the company is utilizing less debt relative to equity, which can be viewed positively as it may reduce the financial risk associated with high levels of debt. Overall, the trend in the financial leverage ratio reflects a potentially improving financial position and stability for Molson Coors Brewing Co Class B.
Peer comparison
Dec 31, 2024