DXC Technology Co (DXC)
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 | 3,818,000 | 3,880,000 | 3,791,000 | 3,891,000 | 3,900,000 | 3,850,000 | 3,695,000 | 3,874,000 | 4,065,000 | 4,236,000 | 4,363,000 | 4,116,000 | 4,345,000 | 5,444,000 | 8,046,000 | 10,334,000 | 8,672,000 | 7,315,000 | 7,698,000 | 7,893,000 |
| Total assets | US$ in thousands | 13,871,000 | 14,892,000 | 14,709,000 | 15,293,000 | 15,845,000 | 18,254,000 | 17,737,000 | 18,647,000 | 20,139,000 | 19,953,000 | 20,115,000 | 20,867,000 | 22,038,000 | 23,634,000 | 25,670,000 | 27,894,000 | 26,006,000 | 29,599,000 | 29,516,000 | 32,577,000 |
| Debt-to-assets ratio | 0.28 | 0.26 | 0.26 | 0.25 | 0.25 | 0.21 | 0.21 | 0.21 | 0.20 | 0.21 | 0.22 | 0.20 | 0.20 | 0.23 | 0.31 | 0.37 | 0.33 | 0.25 | 0.26 | 0.24 |
March 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,818,000K ÷ $13,871,000K
= 0.28
The debt-to-assets ratio of DXC Technology Co has shown some variability over the past quarters. From December 2019 to March 2020, the ratio increased from 0.24 to 0.31, indicating a higher proportion of debt relative to assets during that period. Subsequently, there was a notable decrease by the end of September 2020, with the ratio dropping to 0.23, before rising again to 0.26 by the end of December 2020.
Throughout 2021, the debt-to-assets ratio remained relatively stable, ranging from 0.20 to 0.22, indicating a consistent balance between debt and assets during that period. However, the ratio saw a slight increase by the end of March 2022, reaching 0.26, and continued to rise to 0.28 by the end of March 2024.
Overall, the trend in the debt-to-assets ratio suggests that DXC Technology Co has been effectively managing its debt levels relative to its assets, with only moderate fluctuations observed over the analyzed period. It is important for investors and analysts to continue monitoring the company's ability to maintain a healthy balance between debt and assets to ensure long-term financial stability.
Peer comparison
Mar 31, 2024