ExlService Holdings Inc (EXLS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 283,598 | 135,000 | 220,000 | 0 | 201,961 |
| Total assets | US$ in thousands | 1,618,400 | 1,441,970 | 1,346,120 | 1,282,900 | 1,247,860 |
| Debt-to-assets ratio | 0.18 | 0.09 | 0.16 | 0.00 | 0.16 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $283,598K ÷ $1,618,400K
= 0.18
The debt-to-assets ratio of ExlService Holdings Inc has shown some fluctuations over the years based on the provided data. In December 2020, the ratio was 0.16, indicating that 16% of the company's assets were financed by debt. However, by December 2021, the ratio decreased significantly to 0.00, suggesting that the company had no debt relative to its total assets.
Subsequently, in December 2022, the ratio increased to 0.16, returning to the level seen in 2020. This suggests that the company once again had debt financing a portion of its assets. In December 2023, the ratio decreased to 0.09, indicating a lower reliance on debt compared to the previous year.
By December 2024, the debt-to-assets ratio rose to 0.18, showing an increase in the proportion of debt financing relative to the company's total assets. Overall, the trend in the debt-to-assets ratio of ExlService Holdings Inc seems to fluctuate over the years, indicating varying levels of debt utilization in financing the company's operations and investments.
Peer comparison
Dec 31, 2024