Bill Com Holdings Inc (BILL)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,678,500 | 914,822 | 914,000 | 1,146,250 | 1,708,210 | 1,706,490 | 1,704,780 | 1,838,140 | 1,813,970 | 1,774,770 | 1,697,980 | 609,528 | 639,501 | 639,127 | 989,381 | 897,871 | 886,052 | — |
| Total stockholders’ equity | US$ in thousands | 3,809,390 | 4,013,240 | 4,134,200 | 4,058,730 | 3,951,840 | 4,118,110 | 4,085,970 | 4,104,340 | 4,083,880 | 4,047,530 | 4,043,690 | 4,068,320 | 4,093,330 | 4,110,640 | 2,529,590 | 870,461 | 876,748 | 718,768 |
| Debt-to-capital ratio | 0.31 | 0.19 | 0.18 | 0.22 | 0.30 | 0.29 | 0.29 | 0.31 | 0.31 | 0.30 | 0.30 | 0.13 | 0.14 | 0.13 | 0.28 | 0.51 | 0.50 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,678,500K ÷ ($1,678,500K + $3,809,390K)
= 0.31
The debt-to-capital ratio of Bill Com Holdings Inc has fluctuated over the past few years, indicating changes in the company's capital structure and financial leverage. The ratio was stable at around 0.30 during the beginning of 2023 but experienced a decline to 0.22 by March 31, 2024. This decrease suggests a reduction in the proportion of debt relative to the total capital employed by the company. However, the ratio rebounded to 0.31 by the end of December 31, 2024, indicating a potential increase in debt compared to capital. Overall, the trend in the debt-to-capital ratio reflects the company's ability to manage its debt levels and leverage effectively to support its operations and growth strategies.
Peer comparison
Dec 31, 2024