Bill Com Holdings Inc (BILL)

Financial leverage 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
Total assets US$ in thousands 9,674,210 9,045,060 9,178,810 9,122,260 9,872,410 9,620,380 9,636,020 9,380,880 9,738,270 9,253,100 9,256,030 9,183,840 9,510,960 8,564,200 5,969,170 3,800,160 4,082,420 2,479,210
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
Financial leverage ratio 2.54 2.25 2.22 2.25 2.50 2.34 2.36 2.29 2.38 2.29 2.29 2.26 2.32 2.08 2.36 4.37 4.66 3.45

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,674,210K ÷ $3,809,390K
= 2.54

The financial leverage ratio of Bill Com Holdings Inc has shown fluctuations over the past few years, ranging from a high of 4.66 in December 2020 to a low of 2.08 in September 2021. Generally, a higher financial leverage ratio indicates higher financial risk, as it suggests that the company relies more heavily on debt financing.

In the most recent period, the financial leverage ratio has stabilized around the range of 2.20 to 2.54, indicating a moderate level of leverage. This trend suggests that Bill Com Holdings Inc has been managing its debt levels effectively and may have reduced its reliance on debt financing compared to previous years.

It is important for investors and stakeholders to monitor the financial leverage ratio, as a rapidly increasing ratio may signal potential financial distress, while a decreasing ratio may indicate improved financial health. Overall, the current range of the financial leverage ratio for Bill Com Holdings Inc indicates a reasonable balance between debt and equity in its capital structure.