Triumph Group Inc (TGI)

Financial leverage ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019
Total assets US$ in thousands 1,686,270 1,676,580 1,673,130 1,649,860 1,714,840 1,597,290 1,568,270 1,667,460 1,761,170 1,752,540 1,800,720 1,883,490 2,450,940 2,401,920 2,533,420 2,266,320 2,980,330 2,625,390 2,761,800 2,823,270
Total stockholders’ equity US$ in thousands -104,414 -670,280 -668,216 -751,864 -797,396 -688,063 -702,103 -805,287 -787,423 -812,038 -828,869 -826,226 -818,853 -1,069,830 -1,064,360 -1,047,380 -781,264 -532,897 -590,824 -557,919
Financial leverage ratio

March 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,686,270K ÷ $-104,414K
= —

The financial leverage ratio for Triumph Group Inc is not provided in the table. This ratio is typically calculated by dividing total assets by total equity, and it provides insight into the company's capital structure and its reliance on debt financing. A higher financial leverage ratio indicates a higher level of financial risk, as it suggests that the company has more debt compared to equity. Conversely, a lower ratio indicates a more conservative financial structure with a higher proportion of equity funding. Without the specific values for the financial leverage ratio, it is not possible to provide a detailed analysis of Triumph Group Inc's leverage position over the stated periods.


Peer comparison

Mar 31, 2024

Company name
Symbol
Financial leverage ratio
Triumph Group Inc
TGI
AAR Corp
AIR
2.33
Textron Inc
TXT
2.41