WESCO International Inc (WCC)
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 | 15,061,400 | 15,275,000 | 15,108,500 | 15,539,000 | 15,060,900 | 15,168,600 | 15,162,700 | 14,971,200 | 14,811,700 | 14,080,600 | 13,863,300 | 13,185,000 | 12,617,700 | 12,481,000 | 12,299,100 | 11,878,300 | 11,880,200 | 11,868,300 | 11,732,000 | 5,230,960 |
| Total stockholders’ equity | US$ in thousands | 4,970,700 | 5,042,400 | 4,857,300 | 4,982,700 | 5,037,100 | 4,882,500 | 4,800,300 | 4,594,300 | 4,449,570 | 4,191,950 | 4,116,790 | 3,967,480 | 3,776,210 | 3,581,820 | 3,525,000 | 3,407,060 | 3,336,390 | 3,213,220 | 3,100,400 | 2,202,130 |
| Financial leverage ratio | 3.03 | 3.03 | 3.11 | 3.12 | 2.99 | 3.11 | 3.16 | 3.26 | 3.33 | 3.36 | 3.37 | 3.32 | 3.34 | 3.48 | 3.49 | 3.49 | 3.56 | 3.69 | 3.78 | 2.38 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $15,061,400K ÷ $4,970,700K
= 3.03
The financial leverage ratio of WESCO International Inc has shown a gradual decline from 2.38 as of March 31, 2020, to 3.03 as of December 31, 2024. This indicates that the company's reliance on debt to finance its operations has increased over the period. A higher financial leverage ratio implies a higher level of debt relative to equity, which can increase financial risk but also potentially enhance returns for shareholders. It is important for investors and stakeholders to closely monitor this ratio to ensure the company's overall financial health and stability.
Peer comparison
Dec 31, 2024