IAC Inc. (IAC)
Debt-to-equity 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,982,130 | 1,993,150 | 1,999,800 | 2,006,460 | 2,013,110 | 2,019,760 | 2,026,400 | 2,033,040 | 2,039,660 | 2,046,240 | 494,373 | 494,195 | 705,987 | 712,277 | 715,408 | 225,336 | 228,643 |
| Total stockholders’ equity | US$ in thousands | 6,132,740 | 6,077,860 | 5,740,780 | 6,116,710 | 6,267,300 | 5,931,610 | 5,903,820 | 5,990,230 | 6,919,460 | 7,175,230 | 7,209,180 | 7,178,850 | 6,688,140 | 6,597,580 | 6,194,230 | 4,647,540 | 3,917,240 |
| Debt-to-equity ratio | 0.32 | 0.33 | 0.35 | 0.33 | 0.32 | 0.34 | 0.34 | 0.34 | 0.29 | 0.29 | 0.07 | 0.07 | 0.11 | 0.11 | 0.12 | 0.05 | 0.06 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,982,130K ÷ $6,132,740K
= 0.32
The debt-to-equity ratio of IAC Inc. has fluctuated over the past several quarters, ranging from 0.05 to 0.35. The ratio indicates the proportion of a company's debt relative to its equity and serves as a measure of financial leverage. A lower ratio suggests that the company is relying more on equity financing, while a higher ratio indicates a higher level of debt financing.
In the most recent quarter, as of March 31, 2024, the debt-to-equity ratio stood at 0.32, which is slightly lower compared to the previous quarter's ratio of 0.33. This suggests that the company's debt level relative to its equity has decreased slightly, indicating potentially improved financial stability.
Looking further back, the debt-to-equity ratio has shown some variability, with fluctuations occurring between consecutive quarters. The ratios ranged between 0.07 and 0.35 over the past few quarters, indicating some level of inconsistency in the company's capital structure and financing decisions.
It is important for stakeholders to monitor the debt-to-equity ratio to assess the company's financial risk and solvency. A trend of increasing ratios could signal a higher financial risk due to increased debt levels, while consistently low ratios may indicate a conservative approach to financing.
Peer comparison
Mar 31, 2024