Dynatrace Holdings LLC (DT)

Debt-to-assets ratio

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Long-term debt	US$ in thousands	—	0	273,918	391,913	509,985
Total assets	US$ in thousands	3,409,780	2,765,350	2,541,310	2,256,220	2,046,880
Debt-to-assets ratio		0.00	0.00	0.11	0.17	0.25

March 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,409,780K
= 0.00

The debt-to-assets ratio of Dynatrace Holdings LLC has shown a decreasing trend over the past five years, indicating a lower reliance on debt financing relative to total assets. As of March 31, 2024, the company had a debt-to-assets ratio of 0.00, implying that it had no debt in relation to its assets, reflecting a strong financial position and minimal financial risk. This marks a significant improvement from the previous year, where the ratio was also at 0.00.

The decreasing trend in the debt-to-assets ratio suggests that Dynatrace Holdings LLC has been effectively managing its debt levels and/or increasing its asset base over the years. This may signal a conservative financial strategy aimed at minimizing the company's interest obligations and financial vulnerabilities. Overall, the consistently low debt-to-assets ratio indicates that Dynatrace Holdings LLC has a stable financial structure with a solid asset base and a lower risk of financial distress due to debt obligations.