Genpact Limited (G)
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 | 1,195,270 | 1,201,440 | 1,207,610 | 818,327 | 824,720 | 1,230,420 | 1,236,660 | 1,242,910 | 1,249,150 | 746,613 | 1,256,270 | 1,264,370 | 1,272,480 | 1,280,570 | 1,288,660 | 1,646,230 | 1,307,370 | 1,315,480 | 1,323,580 | 1,331,690 |
| Total stockholders’ equity | US$ in thousands | 2,389,610 | 2,394,690 | 2,337,760 | 2,298,370 | 2,248,390 | 2,009,450 | 1,932,860 | 1,925,330 | 1,826,160 | 1,731,850 | 1,750,440 | 1,847,390 | 1,897,130 | 1,952,890 | 1,838,970 | 1,749,620 | 1,834,230 | 1,777,180 | 1,660,610 | 1,573,080 |
| Debt-to-equity ratio | 0.50 | 0.50 | 0.52 | 0.36 | 0.37 | 0.61 | 0.64 | 0.65 | 0.68 | 0.43 | 0.72 | 0.68 | 0.67 | 0.66 | 0.70 | 0.94 | 0.71 | 0.74 | 0.80 | 0.85 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,195,270K ÷ $2,389,610K
= 0.50
The debt-to-equity ratio of Genpact Limited has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio decreased from 0.85 on March 31, 2020, to 0.37 on December 31, 2023, indicating a declining trend in the company's leverage. However, the ratio increased slightly to 0.50 by the end of December 31, 2024.
Overall, the debt-to-equity ratio for Genpact Limited has ranged between 0.36 and 0.94 during this period, with a general downward trend in recent years. This suggests that the company has been reducing its reliance on debt funding in relation to equity, which can be a positive indication of financial stability and lower financial risk.
Peer comparison
Dec 31, 2024