Vishay Intertechnology Inc (VSH)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 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 | 3,120,780 | 3,072,190 | 3,156,130 | 3,181,050 |
| Total stockholders’ equity | US$ in thousands | 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 | 1,576,220 | 1,536,640 | 1,496,380 | 1,467,120 | 1,485,150 | 1,485,500 | 1,489,950 | 1,449,140 |
| Financial leverage ratio | 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 | 2.10 | 2.07 | 2.12 | 2.20 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,239,920K ÷ $2,196,080K
= 1.93
The financial leverage ratio for Vishay Intertechnology, Inc. has fluctuated over the past eight quarters, ranging from a low of 1.89 to a high of 1.98. The ratio indicates that the company's level of financial leverage, or the amount of debt used to finance its assets, has been relatively consistent over this period, with a tendency towards higher leverage in some quarters. A ratio above 1 suggests that the company relies more on debt financing than equity, which can magnify returns but also increase financial risk. Overall, the trend in the financial leverage ratio for Vishay Intertechnology, Inc. does not show a significant deviation from historical levels, indicating a stable capital structure during the period under review.
Peer comparison
Dec 31, 2023