Travel + Leisure Co (TNL)

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	6,738,000	6,655,000	6,602,000	6,477,000	6,757,000	6,380,000	6,477,000	6,600,000	6,588,000	6,601,000	6,639,000	6,728,000	7,613,000	7,822,000	7,597,000	7,776,000	7,453,000	7,563,000	7,466,000	7,370,000
Total stockholders’ equity	US$ in thousands	-918,000	-1,008,000	-1,014,000	-984,000	-913,000	-911,000	-854,000	-819,000	-801,000	-857,000	-925,000	-983,000	-975,000	-1,000,000	-1,056,000	-897,000	-530,000	-576,000	-565,000	-589,000
Financial leverage ratio		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,738,000K ÷ $-918,000K
= —

The financial leverage ratio for Travel+Leisure Co is not provided in the table. The financial leverage ratio, also known as the debt to equity ratio, compares the company's total debt to its total equity. This ratio indicates the extent to which the company is using debt to finance its operations.

To analyze the financial leverage ratio for Travel+Leisure Co, we would need data on the company's total debt and total equity for each of the quarters listed. By calculating this ratio for the given periods, we would be able to assess the company's reliance on debt financing and its overall financial risk.

Without the specific financial leverage ratio figures, it is difficult to provide a detailed analysis of how Travel+Leisure Co's financial leverage has evolved over time and its implications for the company's financial health and stability. It is important to monitor changes in the financial leverage ratio to understand the company's capital structure dynamics and financing strategy.