Vericel Corp Ord (VCEL)

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	432,722	390,405	376,839	356,661	353,657	318,125	310,711	265,096	273,003	248,017	244,815	240,288	243,705	224,143	221,945	211,464	205,608	157,504	146,691	152,890
Total stockholders’ equity	US$ in thousands	291,967	257,472	242,977	233,896	225,952	204,380	198,928	193,978	192,272	177,837	174,816	172,485	170,462	156,780	151,092	140,209	134,260	114,630	107,596	110,452
Financial leverage ratio		1.48	1.52	1.55	1.52	1.57	1.56	1.56	1.37	1.42	1.39	1.40	1.39	1.43	1.43	1.47	1.51	1.53	1.37	1.36	1.38

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $432,722K ÷ $291,967K
= 1.48

The financial leverage ratio of Vericel Corp Ord has shown some fluctuations over the analyzed period. The ratio started at 1.38 as of March 31, 2020, and generally decreased slightly until reaching a low of 1.36 by June 30, 2020. From there, it trended upwards, reaching a peak of 1.57 by December 31, 2023. The ratio then showed some volatility, oscillating between 1.48 and 1.56 until the end of 2024, where it stood at 1.48.

Overall, the financial leverage ratio indicates that Vericel Corp Ord has been using a mix of debt and equity to finance its operations and growth. The fluctuations in the ratio suggest changes in the company's capital structure and its ability to meet financial obligations. It's important for stakeholders to monitor these changes to assess the company's financial health and risk profile.