Teleflex Incorporated (TFX)
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 | 7,097,910 | 7,486,290 | 7,441,640 | 7,477,920 | 7,532,550 | 7,493,630 | 6,895,720 | 6,917,920 | 6,928,060 | 6,758,090 | 6,731,850 | 6,873,310 | 6,871,720 | 7,039,960 | 7,066,390 | 7,028,020 | 7,152,560 | 6,613,290 | 6,765,130 | 6,701,560 |
| Total stockholders’ equity | US$ in thousands | 4,278,140 | 4,481,720 | 4,558,720 | 4,503,210 | 4,440,990 | 4,314,050 | 4,215,090 | 4,110,250 | 4,021,970 | 3,895,160 | 3,852,730 | 3,795,530 | 3,754,750 | 3,657,870 | 3,466,100 | 3,375,790 | 3,336,460 | 3,236,200 | 3,097,400 | 3,073,020 |
| Financial leverage ratio | 1.66 | 1.67 | 1.63 | 1.66 | 1.70 | 1.74 | 1.64 | 1.68 | 1.72 | 1.73 | 1.75 | 1.81 | 1.83 | 1.92 | 2.04 | 2.08 | 2.14 | 2.04 | 2.18 | 2.18 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,097,910K ÷ $4,278,140K
= 1.66
The financial leverage ratio of Teleflex Incorporated has shown a gradual decline from 2.18 as of March 31, 2020, to 1.66 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments over the years. Generally, a lower financial leverage ratio signifies a lower level of financial risk as the company has less debt relative to its equity. The decreasing trend in the ratio suggests that Teleflex has been managing its debt levels effectively, potentially strengthening its financial position and stability.
Peer comparison
Dec 31, 2024