Genpact Limited (G)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,195,270 | 824,720 | 1,249,150 | 1,272,480 | 1,307,370 |
| Total stockholders’ equity | US$ in thousands | 2,389,610 | 2,248,390 | 1,826,160 | 1,897,130 | 1,834,230 |
| Debt-to-capital ratio | 0.33 | 0.27 | 0.41 | 0.40 | 0.42 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,195,270K ÷ ($1,195,270K + $2,389,610K)
= 0.33
The debt-to-capital ratio of Genpact Limited has shown some fluctuations over the years based on the provided data. As of December 31, 2020, the ratio stood at 0.42, indicating that 42% of the company's capital structure was financed through debt. This ratio decreased slightly to 0.40 by December 31, 2021, before rising to 0.41 by December 31, 2022. Notably, by December 31, 2023, there was a substantial decrease in the debt-to-capital ratio to 0.27, suggesting a lower proportion of debt relative to the total capital employed. By the end of December 31, 2024, the ratio increased again to 0.33.
Overall, the trend in the debt-to-capital ratio of Genpact Limited indicates some variability in the company's capital structure and debt levels over the years. It is important for stakeholders to monitor these changes to assess the company's leverage and financial risk management strategies.
Peer comparison
Dec 31, 2024