USANA Health Sciences Inc (USNA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 748,193 | 632,757 | 596,549 | 577,740 | 640,887 |
| Total stockholders’ equity | US$ in thousands | 532,109 | 497,202 | 434,472 | 395,124 | 441,650 |
| Financial leverage ratio | 1.41 | 1.27 | 1.37 | 1.46 | 1.45 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $748,193K ÷ $532,109K
= 1.41
The financial leverage ratio of USANA Health Sciences Inc has shown some fluctuations over the past five years. The ratio was 1.45 as of December 31, 2020, and increased slightly to 1.46 by December 31, 2021. In the following years, there was a downward trend in the ratio, with it reaching 1.27 as of December 31, 2023. However, there was a slight uptick to 1.41 by December 31, 2024.
Overall, the company's financial leverage ratio indicates that it has been utilizing a moderate level of debt to support its operations and growth initiatives. The fluctuation in the ratio over the years may suggest varying levels of debt and equity financing used by the company, which could impact its financial stability and risk profile. It would be important for stakeholders to further analyze the company's debt management strategies and evaluate the long-term sustainability of its capital structure.