Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $7,153 | $6,872 | $6,928 | $7,533 | $7,098 |
Liabilities | $3,816 | $3,117 | $2,906 | $3,092 | $2,820 |
Equity | $3,336 | $3,755 | $4,022 | $4,441 | $4,278 |
Edwyn
Over the past five years, Teleflex Incorporated has shown a consistent growth trend in its financial position. Total assets have fluctuated between 6871.722 million USD in 2021 to 7532.546 million USD in 2023, indicating a general upward trajectory. This growth in assets could be attributed to strategic investments, acquisitions, or organic business expansion. On the other hand, total liabilities have also varied, reaching a low of 2819.774 million USD in 2024. This decrease in liabilities suggests that the company has been effectively managing its debt levels, potentially through refinancing or improved operational efficiency. Stockholders' equity has generally been on the rise, increasing from 3336.457 million USD in 2020 to 4278.14 million USD in 2024. The consistent growth in equity reflects the company's ability to generate profits and retain earnings, resulting in a stronger financial position. This increase in equity could indicate that Teleflex has been successful in generating shareholder value and maintaining a healthy balance sheet. Overall, Teleflex's financial performance over the past five years appears positive, with improvements in asset levels, debt management, and equity growth, positioning the company well in its industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.