Vishay Intertechnology Inc (VSH)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 4,110,700 | 4,239,920 | 3,865,650 | 3,543,260 | 3,154,470 |
Total stockholders’ equity | US$ in thousands | 2,028,960 | 2,196,080 | 2,046,250 | 1,743,750 | 1,576,380 |
Financial leverage ratio | 2.03 | 1.93 | 1.89 | 2.03 | 2.00 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,110,700K ÷ $2,028,960K
= 2.03
The financial leverage ratio of Vishay Intertechnology Inc has shown some fluctuation over the past five years. It has ranged from a low of 1.89 on December 31, 2022, to a high of 2.03 on both December 31, 2021, and December 31, 2024. This ratio indicates that the company has been using more debt relative to its equity to finance its operations. Overall, the trend suggests that Vishay Intertechnology Inc's financial leverage has remained relatively stable, indicating a moderate level of financial risk in its capital structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Vishay Intertechnology Inc
VSH
2.03
Hubbell Inc
HUBB
2.04
Mercury Systems Inc
MRCY
1.62
Universal Display
OLED
1.13