Kyndryl Holdings Inc (KD)
Debt-to-capital ratio
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Long-term debt | US$ in thousands | 2,900,000 | 3,000,000 |
| Total stockholders’ equity | US$ in thousands | 1,015,000 | 1,365,000 |
| Debt-to-capital ratio | 0.74 | 0.69 |
March 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,900,000K ÷ ($2,900,000K + $1,015,000K)
= 0.74
Peer comparison
Mar 31, 2024
Company name
Symbol
Debt-to-capital ratio
Kyndryl Holdings Inc
KD
0.74
Automatic Data Processing Inc
ADP
0.40
CarGurus
CARG
0.00
Cars.com Inc
CARS
0.48
CSG Systems International Inc
CSGS
0.66
DXC Technology Co
DXC
0.58
Liveramp Holdings Inc
RAMP
0.00
Shutterstock
SSTK
0.00
Verisk Analytics Inc
VRSK
0.90