IQVIA Holdings Inc (IQV)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	12,838,000	12,955,000	12,595,000	12,034,000	12,384,000
Total assets	US$ in thousands	26,899,000	26,681,000	25,337,000	24,689,000	24,564,000
Debt-to-assets ratio		0.48	0.49	0.50	0.49	0.50

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $12,838,000K ÷ $26,899,000K
= 0.48

Based on the data provided, IQVIA Holdings Inc's debt-to-assets ratio has shown a relatively stable trend over the last five years. The ratio has fluctuated within a narrow range between 0.48 and 0.50, indicating that the company's level of debt in relation to its total assets has remained relatively consistent.

A debt-to-assets ratio of around 0.50 implies that approximately half of the company's assets are financed through debt. This suggests that IQVIA Holdings Inc has a moderate level of financial leverage, balancing debt and equity to fund its operations and investments.

Overall, the stability of the debt-to-assets ratio over the years indicates that IQVIA Holdings Inc has managed its debt levels in a prudent manner, maintaining a healthy balance between debt and assets in its capital structure. However, it is important for investors and stakeholders to continue monitoring this ratio to ensure that the company's debt remains at sustainable levels.