Kyndryl Holdings Inc (KD)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,934,000 | 9,925,000 | 10,396,000 | 10,163,000 | 10,590,000 | 10,969,000 | 10,602,000 | 10,986,000 | 11,464,000 | 11,851,000 | 11,629,000 | 12,304,000 | 13,442,000 | 13,213,000 | 12,063,000 | 11,066,000 | 11,066,000 | 11,205,000 |
| 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 |
| Financial leverage ratio | — | 9.07 | 9.76 | 10.20 | 10.43 | 9.23 | 10.47 | 8.86 | 8.40 | 6.47 | 7.05 | 5.81 | 5.14 | 4.78 | 2.22 | 2.29 | 2.24 | 2.30 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,934,000K ÷ $—K
= —
Kyndryl Holdings Inc's financial leverage ratio has shown fluctuations over the period analyzed. The financial leverage ratio indicates the level of debt financing used by the company to support its operations and growth.
From December 31, 2020, to March 31, 2023, the financial leverage ratio increased steadily from 2.30 to 10.47, indicating a significant increase in the company's debt relative to its equity. This could suggest that Kyndryl Holdings Inc has been relying more on debt to finance its operations and investments during this period.
However, the financial leverage ratio decreased slightly by December 31, 2023, to 9.23, before rising again by March 31, 2024, to 10.43. From there, the ratio fluctuated around the 10% mark until December 31, 2024, where it decreased to 9.07. Notably, the data for March 31, 2025, is not available, but the trend in the previous periods indicates a relatively high level of debt compared to equity.
Overall, the increasing trend in the financial leverage ratio from December 31, 2020, to March 31, 2024, followed by some fluctuations, suggests that Kyndryl Holdings Inc has been progressively taking on more debt relative to equity, which could impact its financial stability and risk profile.
Peer comparison
Mar 31, 2025