IAC Inc. (IAC)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 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 | 12,302,600 | 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 | 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 |
| Financial leverage ratio | 1.69 | 1.71 | 1.75 | 1.72 | 1.72 | 1.75 | 1.77 | 1.79 | 1.72 | 1.71 | 1.31 | 1.29 | 1.46 | 1.39 | 1.37 | 1.37 | 1.43 |
March 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,359,600K ÷ $6,132,740K
= 1.69
The financial leverage ratio for IAC Inc. has shown some variability over the past few quarters. The ratio has generally ranged between 1.29 and 1.79, with the most recent ratio being 1.69 as of March 31, 2024. This suggests that the company's level of financial leverage has been fluctuating but has remained relatively stable overall. A financial leverage ratio above 1 indicates that the company relies more on debt financing than equity, which can amplify both returns and risks. Therefore, IAC Inc. appears to have a moderate level of financial leverage, which may require careful management to ensure stability and sustainable growth.
Peer comparison
Mar 31, 2024