Bio-Techne Corp (TECH)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,557,870 | 2,703,870 | 2,638,690 | 2,294,800 | 2,262,960 |
| Total stockholders’ equity | US$ in thousands | 1,918,810 | 2,068,850 | 1,966,520 | 1,701,010 | 1,571,230 |
| Financial leverage ratio | 1.33 | 1.31 | 1.34 | 1.35 | 1.44 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,557,870K ÷ $1,918,810K
= 1.33
The financial leverage ratio of Bio-Techne Corp has exhibited a gradual declining trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio decreased from 1.44 in June 2021 to 1.35 in June 2022, continuing to decline slightly to 1.34 in June 2023. By June 2024, the ratio further declined to 1.31, indicating a modest reduction in leverage, and it experienced a slight uptick to 1.33 by June 2025.
This pattern suggests that the company's reliance on debt relative to its equity has generally decreased over the observed timeframe. The declining leverage ratio indicates a potential strategy of deleveraging or an improved equity position, which can be associated with lower financial risk. The slight fluctuation observed in the most recent year may reflect minor changes in debt levels or equity, but the overall trend demonstrates a move towards a more conservative financial structure.
Peer comparison
Jun 30, 2025