IAC Inc. (IAC)

Financial leverage 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
Total assets US$ in thousands 9,547,160 9,837,190 10,204,100 10,359,600 10,371,200 10,018,200 10,549,100 10,754,000 10,393,600 10,441,600 10,749,100 11,893,500 12,614,300 9,427,720 9,288,580 9,736,280 9,161,710 8,480,210 6,371,760 5,591,250
Total stockholders’ equity US$ in thousands 5,577,900 5,760,040 6,008,360 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 7,180,990 7,209,180 7,178,850 6,688,140 6,597,580 6,194,230 4,647,540 3,917,240
Financial leverage ratio 1.71 1.71 1.70 1.69 1.71 1.75 1.72 1.72 1.75 1.77 1.79 1.72 1.76 1.31 1.29 1.46 1.39 1.37 1.37 1.43

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,547,160K ÷ $5,577,900K
= 1.71

The financial leverage ratio of IAC Inc. has shown a fluctuating trend over the years, ranging from 1.29 to 1.79. Generally, a financial leverage ratio above 1 indicates that the company is using debt to finance its operations.

The ratio increased significantly from 1.29 in June 2021 to 1.79 in June 2022 before gradually decreasing again. This sharp increase in leverage may signify that the company took on more debt during that period, potentially to fund expansion or other strategic initiatives.

Overall, the financial leverage ratio has remained relatively stable around the range of 1.37 to 1.79, suggesting that IAC Inc. has a moderate level of debt in its capital structure. Investors and stakeholders should continue to monitor changes in the financial leverage ratio to assess the company's risk profile and financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
IAC Inc.
IAC
1.71
Match Group Inc
MTCH
Sally Beauty Holdings Inc
SBH
4.44
Ulta Beauty Inc
ULTA
2.41