ExlService Holdings Inc (EXLS)
Debt-to-equity ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 283,598 | 339,828 | 260,000 | 280,000 | 135,000 | 160,000 | 190,000 | 160,000 | 220,000 | 235,000 | 250,000 | 260,000 | 0 | 170,000 | 139,432 | 202,687 | 201,961 | 216,235 | 215,527 | 234,820 |
Total stockholders’ equity | US$ in thousands | 929,862 | 907,563 | 852,606 | 803,255 | 889,437 | 856,087 | 834,214 | 795,222 | 758,179 | 704,584 | 685,653 | 700,341 | 693,156 | 684,985 | 728,014 | 726,225 | 719,172 | 709,928 | 680,928 | 655,904 |
Debt-to-equity ratio | 0.30 | 0.37 | 0.30 | 0.35 | 0.15 | 0.19 | 0.23 | 0.20 | 0.29 | 0.33 | 0.36 | 0.37 | 0.00 | 0.25 | 0.19 | 0.28 | 0.28 | 0.30 | 0.32 | 0.36 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $283,598K ÷ $929,862K
= 0.30
The debt-to-equity ratio of ExlService Holdings Inc has exhibited fluctuations over the analyzed period. Starting at 0.36 as of March 31, 2020, the ratio decreased steadily to 0.00 by December 31, 2021, indicating a significant reduction in debt relative to equity. This trend reversed in the subsequent quarters, with an upward trajectory observed through March 31, 2024, where the ratio stood at 0.35. Fluctuations in the ratio suggest changes in the company's capital structure and its reliance on debt financing. Overall, it is essential to monitor the debt-to-equity ratio over time to assess the company's financial leverage and risk exposure.
Peer comparison
Dec 31, 2024