Vishay Intertechnology Inc (VSH)
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 | 4,110,700 | 4,220,360 | 4,152,700 | 4,264,060 | 4,239,920 | 4,241,210 | 4,187,460 | 4,062,670 | 3,865,650 | 3,620,550 | 3,563,590 | 3,580,170 | 3,543,260 | 3,424,280 | 3,350,780 | 3,210,560 | 3,154,470 | 3,033,830 | 3,024,850 | 3,116,500 |
| Total stockholders’ equity | US$ in thousands | 2,028,960 | 2,167,670 | 2,175,860 | 2,181,980 | 2,196,080 | 2,138,280 | 2,210,620 | 2,143,010 | 2,046,250 | 1,896,800 | 1,837,420 | 1,812,780 | 1,743,750 | 1,725,520 | 1,657,020 | 1,565,450 | 1,576,380 | 1,536,640 | 1,496,380 | 1,467,120 |
| Financial leverage ratio | 2.03 | 1.95 | 1.91 | 1.95 | 1.93 | 1.98 | 1.89 | 1.90 | 1.89 | 1.91 | 1.94 | 1.97 | 2.03 | 1.98 | 2.02 | 2.05 | 2.00 | 1.97 | 2.02 | 2.12 |
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 fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ratio decreased from 2.12 on March 31, 2020, to 1.89 on June 30, 2023, reflecting a reduction in the company's reliance on debt to fund its operations and investments during this period. However, there was a slight increase in the ratio to 2.03 by December 31, 2024.
Overall, the trend in the financial leverage ratio indicates that Vishay Intertechnology Inc has been managing its debt levels effectively, maintaining a moderate level of leverage over the analyzed period. Investors and creditors may view a decreasing trend positively, as it suggests a potential improvement in the company's financial risk and stability. However, the increase in the ratio towards the end of the period may warrant further monitoring to ensure the company's debt levels remain sustainable in the long term.
Peer comparison
Dec 31, 2024