Kyndryl Holdings Inc (KD)

Debt-to-capital ratio

Mar 31, 2025 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,094,000 1,065,000 996,000 1,015,000 1,189,000 1,013,000 1,240,000 1,365,000 1,832,000 1,650,000 2,116,000 2,617,000 2,765,000 5,430,000 4,822,000 4,931,000 4,872,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —

The debt-to-capital ratio of Kyndryl Holdings Inc has consistently remained at 0.00 from December 31, 2020, to March 31, 2025. This implies that the company has not used debt as a source of financing relative to its capital structure during this period. A debt-to-capital ratio of 0.00 indicates that the company's capital structure is primarily composed of equity rather than debt. This may suggest a lower financial risk profile and less financial leverage in the company's operations. It is important to note that without any debt in the capital structure, the company may be missing out on potential tax benefits associated with debt financing. Additionally, a consistently low debt-to-capital ratio may also signify a conservative approach to financial management by the company.