RC

Ricardo PLCLSE Ricardo Stock Report

Last reporting period 31 Dec, 2023

Updated 19 Sep, 2024

Last price

Market cap $B

0.375

Micro

Exchange

XLON - London Stock Exchange

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Ricardo Financial Leverage

2.545

Last period Financial Leverage ,GBP

26%

Financial Leverage has increased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Ricardo ?

Ricardo`s Financial Leverage for the last twelve months ended 2023-12-31 is 2.545

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