IQVIA Holdings Inc (IQV)
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 | 12,838,000 | 12,293,000 | 12,091,000 | 12,819,000 | 12,955,000 | 12,322,000 | 12,433,000 | 11,833,000 | 12,595,000 | 12,243,000 | 12,615,000 | 12,547,000 | 12,034,000 | 12,081,000 | 12,140,000 | 12,092,000 | 12,384,000 | 12,195,000 | 11,965,000 | 11,894,000 |
| Total stockholders’ equity | US$ in thousands | 6,067,000 | 6,967,000 | 6,714,000 | 6,344,000 | 6,112,000 | 5,805,000 | 5,748,000 | 5,932,000 | 5,765,000 | 5,347,000 | 5,352,000 | 5,919,000 | 6,042,000 | 5,829,000 | 5,760,000 | 5,953,000 | 6,001,000 | 5,846,000 | 5,591,000 | 5,542,000 |
| Debt-to-equity ratio | 2.12 | 1.76 | 1.80 | 2.02 | 2.12 | 2.12 | 2.16 | 1.99 | 2.18 | 2.29 | 2.36 | 2.12 | 1.99 | 2.07 | 2.11 | 2.03 | 2.06 | 2.09 | 2.14 | 2.15 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $12,838,000K ÷ $6,067,000K
= 2.12
The debt-to-equity ratio of IQVIA Holdings Inc has been fluctuating over the past few years, ranging from a high of 2.36 in June 2022 to a low of 1.76 in September 2024. This ratio indicates the proportion of debt financing compared to equity financing and serves as a measure of financial leverage. A higher ratio suggests that the company relies more on debt to fund its operations, which can increase financial risk. Conversely, a lower ratio implies a lower reliance on debt and a potentially healthier financial position.
In the most recent period, December 31, 2024, the debt-to-equity ratio stood at 2.12, showing a moderate level of debt relative to equity. It is important for investors and analysts to monitor this ratio over time to assess the company's ability to meet its financial obligations and manage risk effectively. The trend of the ratio indicates the company's changing capital structure and financial health, which can impact its long-term sustainability and growth prospects.
Peer comparison
Dec 31, 2024