Universal Corporation (UVV)
Financial leverage ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,989,550 | 3,040,420 | 3,045,590 | 3,032,970 | 2,937,240 | 2,833,870 | 2,861,770 | 2,887,660 | 2,639,180 | 2,764,900 | 2,814,000 | 2,779,380 | 2,586,340 | 2,593,530 | 2,425,800 | 2,396,090 | 2,341,920 | 2,388,640 | 2,242,290 | 2,106,840 |
| Total stockholders’ equity | US$ in thousands | 1,458,560 | 1,450,610 | 1,420,570 | 1,413,460 | 1,437,210 | 1,417,080 | 1,384,190 | 1,380,720 | 1,397,090 | 1,360,790 | 1,324,850 | 1,325,760 | 1,340,540 | 1,316,000 | 1,297,330 | 1,303,820 | 1,307,300 | 1,270,520 | 1,239,500 | 1,236,240 |
| Financial leverage ratio | 2.05 | 2.10 | 2.14 | 2.15 | 2.04 | 2.00 | 2.07 | 2.09 | 1.89 | 2.03 | 2.12 | 2.10 | 1.93 | 1.97 | 1.87 | 1.84 | 1.79 | 1.88 | 1.81 | 1.70 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,989,550K ÷ $1,458,560K
= 2.05
The financial leverage ratio of Universal Corporation has shown a fluctuating trend over the past few years. Starting from June 30, 2020, the ratio stood at 1.70, indicating a moderate level of leverage. The ratio increased steadily to reach 2.15 by June 30, 2024, signifying higher financial leverage.
However, from June 30, 2024, to March 31, 2025, the financial leverage ratio slightly decreased from 2.15 to 2.05, suggesting a reduction in the company's reliance on debt financing.
Overall, the financial leverage ratio of Universal Corporation has exhibited variability, with periods of both increasing and decreasing leverage levels. This indicates that the company has been managing its capital structure and debt levels over the years to achieve a balance between risk and return.
Peer comparison
Mar 31, 2025