Bill Com Holdings Inc (BILL)

Debt-to-equity 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-equity ratio		0.44	0.23	0.22	0.28	0.43	0.41	0.42	0.45	0.44	0.44	0.42	0.15	0.16	0.16	0.39	1.03	1.01	0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,678,500K ÷ $3,809,390K
= 0.44

The debt-to-equity ratio of Bill Com Holdings Inc has fluctuated over the reported periods, indicating changes in the company's capital structure and financial leverage.

- The ratio was 0.00 as of September 30, 2020, indicating that the company had no debt relative to its equity at that time.
- It then increased steadily to 1.01 by December 31, 2020, indicating that the company had an equal amount of debt and equity.
- The ratio continued to rise to 1.03 by March 31, 2021, reflecting a higher reliance on debt in the company's financing.
- However, there was a notable decrease in the ratio to 0.16 by September 30, 2021, indicating a significant reduction in debt relative to equity.
- The ratio remained relatively stable around 0.16 from September 2021 to December 2022.
- There was a slight increase in the ratio to 0.45 by March 31, 2023, then a subsequent decrease to 0.22 by June 30, 2024.
- The ratio increased slightly to 0.23 by September 30, 2024, and then significantly to 0.44 by December 31, 2024.

Overall, the debt-to-equity ratio of Bill Com Holdings Inc has shown fluctuations, suggesting varying levels of financial leverage and capital structure management during the analyzed periods. It is important to monitor these changes to assess the company's ability to meet its financial obligations and evaluate its risk levels.