ANGI Homeservices Inc (ANGI)
Financial leverage ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,805,530 | 1,830,740 | 1,856,010 | 1,852,460 | 1,834,980 | 1,856,220 | 1,905,760 | 1,902,220 | 1,888,900 | 1,907,780 | 1,968,160 | 2,017,520 | 2,004,820 | 2,010,140 | 2,075,040 | 2,106,730 | 2,301,590 | 2,368,180 | 2,414,600 | 1,925,390 |
| Total stockholders’ equity | US$ in thousands | 1,049,040 | 1,062,800 | 1,069,500 | 1,039,800 | 1,039,020 | 1,040,770 | 1,041,690 | 1,038,240 | 1,044,980 | 1,048,380 | 1,085,610 | 1,088,900 | 1,103,360 | 1,134,620 | 1,157,910 | 1,198,370 | 1,223,120 | 1,272,290 | 1,273,910 | 1,292,320 |
| Financial leverage ratio | 1.72 | 1.72 | 1.74 | 1.78 | 1.77 | 1.78 | 1.83 | 1.83 | 1.81 | 1.82 | 1.81 | 1.85 | 1.82 | 1.77 | 1.79 | 1.76 | 1.88 | 1.86 | 1.90 | 1.49 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,805,530K ÷ $1,049,040K
= 1.72
The financial leverage ratio of ANGI Homeservices Inc exhibits relatively stable fluctuations over the analyzed period, reflecting a consistent use of debt relative to equity. The ratio started at approximately 1.49 as of June 30, 2020, and experienced an upward trend peaking around 1.90 in September 2020, indicating an increase in debt leverage during that period. Following this peak, the ratio stabilized near 1.86 by the end of 2020 and remained relatively steady through mid-2021, with slight variations around 1.76 to 1.88.
Throughout 2022 and into early 2023, the ratio persisted within a narrow band of approximately 1.81 to 1.85, suggesting maintained leverage levels without significant escalation or reduction. The ratio continued this pattern into subsequent periods, with minor fluctuations around 1.72 to 1.83, indicating a moderate and consistent leverage approach over time.
Notably, from late 2023 onward, a slight decreasing trend is observed, with the ratio gradually declining to values near 1.72 by March 2025. This downward movement may imply a gradual reduction in leverage, potentially reflecting efforts to deleverage or improve the equity base.
Overall, the data demonstrates that ANGI Homeservices Inc has maintained a moderate level of financial leverage, with ratios generally fluctuating within a stable range, signaling prudent leverage management over the analyzed period.
Peer comparison
Mar 31, 2025