Applovin Corp (APP)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 5,869,260 | 5,359,190 | 5,847,850 | 6,163,580 | 2,154,590 |
| Total stockholders’ equity | US$ in thousands | 1,089,820 | 1,256,330 | 1,902,680 | 2,138,090 | -158,545 |
| Financial leverage ratio | 5.39 | 4.27 | 3.07 | 2.88 | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,869,260K ÷ $1,089,820K
= 5.39