Warner Bros Discovery Inc (WBD)

Financial leverage ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total assets	US$ in thousands	104,560,000	122,757,000	134,001,000	34,427,000	34,087,000
Total stockholders’ equity	US$ in thousands	34,037,000	45,226,000	47,095,000	11,599,000	10,464,000
Financial leverage ratio		3.07	2.71	2.85	2.97	3.26

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $104,560,000K ÷ $34,037,000K
= 3.07

Warner Bros Discovery Inc's financial leverage ratio has shown a decreasing trend over the past four years, declining from 3.26 in December 31, 2020, to 2.71 in December 31, 2023. This indicates that the company's reliance on debt to finance its operations has decreased. However, there was a slight increase to 3.07 in December 31, 2024. Overall, the decreasing trend suggests that the company has been managing its debt levels effectively, which may help enhance its financial stability and flexibility in the long run.