Vicor Corporation (VICR)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 641,118 594,887 536,901 477,205 396,239
Total stockholders’ equity US$ in thousands 570,071 540,869 464,088 423,599 350,820
Financial leverage ratio 1.12 1.10 1.16 1.13 1.13

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $641,118K ÷ $570,071K
= 1.12

The financial leverage ratio for Vicor Corporation has shown some fluctuations over the five-year period analyzed. It remained relatively stable at around 1.13 in 2020 and 2021. There was a slight increase to 1.16 in 2022, indicating a higher level of financial leverage. However, in 2023, the ratio decreased to 1.10, suggesting a lower reliance on debt to finance the company's operations. The ratio then increased slightly to 1.12 in 2024. Overall, the company's financial leverage ratio has displayed some variability, but it has generally maintained a level of leverage that is moderate and indicates a balanced approach to debt financing.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
Vicor Corporation
VICR
1.12
Advanced Energy Industries Inc
AEIS
2.23
Impinj Inc
PI
3.26