Tyson Foods Inc (TSN)
Financial leverage ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 37,100,000 | 37,732,000 | 37,465,000 | 36,746,000 | 36,251,000 | 36,761,000 | 36,796,000 | 36,678,000 | 36,821,000 | 36,245,000 | 35,898,000 | 36,824,000 | 36,309,000 | 35,663,000 | 34,474,000 | 35,458,000 | 34,456,000 | 34,323,000 | 33,657,000 | 33,564,000 |
| Total stockholders’ equity | US$ in thousands | 18,390,000 | 18,076,000 | 18,089,000 | 18,150,000 | 18,133,000 | 18,779,000 | 19,399,000 | 19,635,000 | 19,702,000 | 19,355,000 | 19,014,000 | 18,403,000 | 17,723,000 | 16,561,000 | 15,931,000 | 15,638,000 | 15,254,000 | 14,685,000 | 14,277,000 | 14,235,000 |
| Financial leverage ratio | 2.02 | 2.09 | 2.07 | 2.02 | 2.00 | 1.96 | 1.90 | 1.87 | 1.87 | 1.87 | 1.89 | 2.00 | 2.05 | 2.15 | 2.16 | 2.27 | 2.26 | 2.34 | 2.36 | 2.36 |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $37,100,000K ÷ $18,390,000K
= 2.02
The financial leverage ratio of Tyson Foods Inc has been relatively stable over the past few quarters, ranging between 1.87 and 2.09. A financial leverage ratio above 1 indicates that the company relies on debt to finance its operations and investments. A higher ratio suggests a higher level of debt relative to equity in the company's capital structure.
The trend in Tyson Foods Inc's financial leverage ratio shows some fluctuations but generally remains within a moderate range, indicating a balanced mix of debt and equity financing. It is essential for investors to monitor the company's financial leverage ratio to assess its ability to meet debt obligations and manage financial risk effectively. It is also important to consider industry benchmarks and compare the ratio with competitors to evaluate Tyson Foods Inc's leverage position within the sector.
Peer comparison
Sep 30, 2024