United Parcel Service Inc (UPS)
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 | 70,070,000 | 68,263,000 | 69,418,000 | 67,628,000 | 70,857,000 | 70,281,000 | 70,347,000 | 72,189,000 | 71,124,000 | 69,544,000 | 70,089,000 | 70,113,000 | 69,405,000 | 65,739,000 | 64,869,000 | 63,312,000 | 62,492,000 | 62,406,000 | 62,057,000 | 60,895,000 |
| Total stockholders’ equity | US$ in thousands | 16,718,000 | 16,857,000 | 17,030,000 | 16,909,000 | 17,306,000 | 19,168,000 | 20,019,000 | 20,038,000 | 19,786,000 | 16,968,000 | 16,289,000 | 15,416,000 | 14,253,000 | 12,041,000 | 10,805,000 | 7,147,000 | 741,000 | 5,592,000 | 4,363,000 | 3,313,000 |
| Financial leverage ratio | 4.19 | 4.05 | 4.08 | 4.00 | 4.09 | 3.67 | 3.51 | 3.60 | 3.59 | 4.10 | 4.30 | 4.55 | 4.87 | 5.46 | 6.00 | 8.86 | 84.33 | 11.16 | 14.22 | 18.38 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $70,070,000K ÷ $16,718,000K
= 4.19
The financial leverage ratio of United Parcel Service Inc has shown a decreasing trend over the past few years, indicating a reduction in the company's reliance on debt to finance its operations. As of December 31, 2024, the financial leverage ratio stood at 4.19, down from 18.38 on March 31, 2020. This suggests that the company has been gradually decreasing its debt levels relative to its equity, which may indicate improved financial stability and reduced risk. Overall, the declining trend in the financial leverage ratio of United Parcel Service Inc reflects a cautious approach towards leveraging and a potential strengthening of its financial position.
See also:
United Parcel Service Inc Financial Leverage (Quarterly Data)