ANGI Homeservices Inc (ANGI)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,830,740 | 1,856,220 | 1,907,780 | 2,010,140 | 2,368,180 |
| Total stockholders’ equity | US$ in thousands | 1,062,800 | 1,040,770 | 1,048,380 | 1,134,620 | 1,272,290 |
| Financial leverage ratio | 1.72 | 1.78 | 1.82 | 1.77 | 1.86 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,830,740K ÷ $1,062,800K
= 1.72
The financial leverage ratio of ANGI Homeservices Inc has exhibited relatively stable fluctuations over the period from December 31, 2020, to December 31, 2024. At the end of 2020, the ratio stood at 1.86, indicating a certain level of leverage whereby the company's total assets were approximately 1.86 times its equity. In 2021, the ratio experienced a slight decline to 1.77, suggesting a marginal reduction in leverage, potentially due to an increase in equity or a decrease in total assets relative to equity.
This trend reversed slightly in 2022, with the ratio increasing to 1.82, signaling a modest uptick in leverage, possibly reflecting a strategic use of debt to finance growth or operational needs. Subsequently, in 2023, the ratio decreased again to 1.78, indicating a minor reduction in leverage, and further declined in 2024 to 1.72, which is the lowest in the observed period.
Overall, the data reveals a pattern of slight fluctuations around a relatively stable leverage ratio, with a gradual overall decrease over the four-year span. This progression suggests a trend toward a marginal reduction in financial leverage, potentially indicating a conservative approach to debt management or an increase in equity capitalization. The stability in these ratios may reflect prudent financial management and a balanced capital structure, aligning with risk management strategies and operational stability.
Peer comparison
Dec 31, 2024