Dynatrace Holdings LLC (DT)

Debt-to-assets ratio

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Long-term debt	US$ in thousands	—	—	—	—	0	0	214,947	244,427	273,918	303,415	332,907	362,404	391,913	451,427	480,941	510,452	509,985	540,236	569,789	1,002,790
Total assets	US$ in thousands	3,409,780	2,999,210	2,782,160	2,727,310	2,765,350	2,413,880	2,421,980	2,430,650	2,541,310	2,397,760	2,242,900	2,214,100	2,256,220	2,166,560	2,056,160	2,046,830	2,046,880	1,988,310	1,932,820	1,775,580
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.09	0.10	0.11	0.13	0.15	0.16	0.17	0.21	0.23	0.25	0.25	0.27	0.29	0.56

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 relatively stable trend over the past few quarters, with an increasing pattern observed from June 30, 2022, to June 30, 2020. During this period, the ratio increased steadily from 0.10 to 0.25. However, after reaching 0.25 on March 31, 2020, the ratio remained constant at that level for the subsequent two quarters.

Notably, there was a significant spike in the debt-to-assets ratio on September 30, 2020, to 0.56, indicating a substantial increase in the proportion of debt relative to total assets at that point in time. Subsequently, there was a noticeable decline in the ratio to 0.29 by June 30, 2019.

The ratio decreased gradually thereafter until December 31, 2019, when it reached its lowest point of 0.27. Since then, the debt-to-assets ratio has been gradually increasing, reaching 0.29 by September 30, 2019.

Overall, the debt-to-assets ratio of Dynatrace Holdings LLC has fluctuated over the past few quarters, with periods of stability interspersed with notable changes in the level of debt relative to total assets. It is essential for stakeholders to closely monitor this ratio to assess the company's leverage and financial risk.