Teleflex Incorporated (TFX)

Financial leverage ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total assets	US$ in thousands	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	6,309,820	6,257,180	6,314,410	6,268,070
Total stockholders’ equity	US$ in thousands	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	2,979,320	2,852,980	2,664,840	2,569,880
Financial leverage ratio		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	2.12	2.19	2.37	2.44

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,532,550K ÷ $4,440,990K
= 1.70

The financial leverage ratio of Teleflex Incorporated has displayed fluctuations over the past eight quarters. The ratio ranged from 1.64 to 1.81 during this time period. A higher financial leverage ratio indicates that a company is using more debt to finance its operations, potentially leading to higher financial risk. In the case of Teleflex, the ratio has generally remained above 1.70, suggesting that the company has a moderate level of leverage in its capital structure. It is important for investors and analysts to closely monitor this ratio to assess the company's ability to meet its financial obligations and manage its debt effectively.