Dynatrace Holdings LLC (DT)

Financial leverage 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
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
Total stockholders’ equity	US$ in thousands	2,015,490	1,913,880	1,801,650	1,704,930	1,604,870	1,467,020	1,401,680	1,345,630	1,304,450	1,276,020	1,221,000	1,158,950	1,113,600	1,063,950	1,027,120	992,784	965,704	899,190	886,282	-437,629
Financial leverage ratio		1.69	1.57	1.54	1.60	1.72	1.65	1.73	1.81	1.95	1.88	1.84	1.91	2.03	2.04	2.00	2.06	2.12	2.21	2.18	—

March 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,409,780K ÷ $2,015,490K
= 1.69

The financial leverage ratio of Dynatrace Holdings LLC has shown fluctuations over the periods recorded. The ratio has ranged from a low of 1.54 to a high of 2.21. Generally, the trend indicates an increase in financial leverage over time, with occasional fluctuations. The ratio exceeded 2 in several periods, indicating a higher level of financial leverage and potentially increased financial risk. It is important for stakeholders to monitor this trend closely to assess the company's ability to meet its debt obligations and manage its capital structure effectively.