Zebra Technologies Corporation (ZBRA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 7,968,000 | 7,306,000 | 7,529,000 | 6,215,000 | 5,375,000 |
| Total stockholders’ equity | US$ in thousands | 3,586,000 | 3,036,000 | 2,733,000 | 2,984,000 | 2,144,000 |
| Financial leverage ratio | 2.22 | 2.41 | 2.75 | 2.08 | 2.51 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,968,000K ÷ $3,586,000K
= 2.22
The financial leverage ratio of Zebra Technologies Corporation has shown fluctuations over the five-year period from 2020 to 2024. The ratio decreased from 2.51 in 2020 to 2.08 in 2021, indicating a reduction in the company's reliance on debt to finance its operations. However, there was an increase in the ratio to 2.75 in 2022, suggesting a higher level of debt usage compared to the previous year. Subsequently, in 2023, the financial leverage ratio decreased to 2.41, reflecting a moderation in the company's debt levels. By the end of 2024, the ratio stood at 2.22, demonstrating a slight reduction in financial leverage compared to the previous year. Overall, these fluctuations in the financial leverage ratio of Zebra Technologies Corporation indicate varying degrees of debt utilization to support its business activities during the five-year period.
Peer comparison
Dec 31, 2024