Teledyne Technologies Incorporated (TDY)
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 | 14,200,500 | 14,530,900 | 14,221,100 | 14,639,200 | 14,527,900 | 14,215,800 | 14,156,300 | 14,429,300 | 14,354,000 | 13,831,400 | 14,057,400 | 14,251,100 | 14,446,000 | 14,447,500 | 14,222,900 | 7,618,400 | 5,068,600 | 4,837,000 | 4,738,200 | 4,585,000 |
| Total stockholders’ equity | US$ in thousands | 9,549,400 | 9,594,200 | 9,319,700 | 9,328,000 | 9,221,200 | 8,721,900 | 8,579,000 | 8,365,700 | 8,158,200 | 7,662,900 | 7,871,800 | 7,832,400 | 7,622,000 | 7,416,600 | 7,312,400 | 3,336,300 | 3,228,600 | 3,026,000 | 2,879,900 | 2,753,000 |
| Financial leverage ratio | 1.49 | 1.51 | 1.53 | 1.57 | 1.58 | 1.63 | 1.65 | 1.72 | 1.76 | 1.80 | 1.79 | 1.82 | 1.90 | 1.95 | 1.95 | 2.28 | 1.57 | 1.60 | 1.65 | 1.67 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,200,500K ÷ $9,549,400K
= 1.49
Teledyne Technologies Incorporated's financial leverage ratio has exhibited a generally decreasing trend from March 2020 to December 2024. The ratio started at 1.67 in March 2020 and gradually declined to 1.49 by December 2024. This downward trend indicates that the company has been reducing its reliance on debt to finance its operations and investments over the years.
The fluctuations in the ratio during this period suggest potential shifts in the company's capital structure and debt levels. There was a significant spike in the ratio from 1.57 in December 2020 to 2.28 in March 2021, indicating a sharp increase in leverage during that period. However, the ratio then decreased and stabilized around 1.5-1.8 range from June 2021 to December 2024.
Overall, Teledyne Technologies' decreasing financial leverage ratio signifies a positive trend towards a healthier balance between debt and equity in its capital structure. This could indicate improved financial stability and reduced financial risk for the company over the years analyzed.
Peer comparison
Dec 31, 2024