Vericel Corp Ord (VCEL)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 432,722 | 353,657 | 273,003 | 243,705 | 205,608 |
| Total stockholders’ equity | US$ in thousands | 291,967 | 225,952 | 192,272 | 170,462 | 134,260 |
| Financial leverage ratio | 1.48 | 1.57 | 1.42 | 1.43 | 1.53 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $432,722K ÷ $291,967K
= 1.48
Vericel Corp Ord's financial leverage ratio has shown fluctuations over the past five years. The ratio, which measures the company's use of debt to finance its operations relative to its equity, was at 1.53 as of December 31, 2020.
It decreased to 1.43 by December 31, 2021, indicating a reduction in the company's reliance on debt financing compared to equity. This trend continued in the following years with the ratio reaching 1.42 by the end of 2022 and 1.48 by the end of 2024.
However, there was a slight increase in the financial leverage ratio to 1.57 as of December 31, 2023. This uptick suggests that Vericel Corp Ord may have increased its debt levels in relation to its equity during that particular year.
Overall, the company's financial leverage ratio has experienced some fluctuations during the observation period, indicating varying levels of debt usage in its capital structure. It is essential for investors and stakeholders to closely monitor this ratio to assess Vericel Corp Ord's financial risk and stability.
Peer comparison
Dec 31, 2024