Palantir Technologies Inc. Class A Common Stock (PLTR)

Financial leverage 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
Total assets	US$ in thousands	6,340,880	5,768,100	5,191,880	4,807,080	4,522,420	4,193,420	3,980,260	3,683,140	3,461,240	3,318,840	3,282,340	3,319,180	3,247,450	3,224,330	3,075,670	3,014,180	2,690,500	2,603,710	1,892,360	—
Total stockholders’ equity	US$ in thousands	5,003,280	4,498,140	4,050,520	3,775,230	3,475,560	3,190,020	2,955,470	2,723,730	2,565,330	2,386,620	2,348,820	2,364,750	2,291,030	2,248,060	2,068,960	1,805,940	1,522,550	1,251,750	761,993	146,589
Financial leverage ratio		1.27	1.28	1.28	1.27	1.30	1.31	1.35	1.35	1.35	1.39	1.40	1.40	1.42	1.43	1.49	1.67	1.77	2.08	2.48	0.00

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,340,880K ÷ $5,003,280K
= 1.27

The financial leverage ratio of Palantir Technologies Inc. Class A Common Stock has shown a declining trend over the period from March 31, 2020, to December 31, 2024. The ratio decreased from 2.48 as of June 30, 2020, to 1.27 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments over time, which can be viewed positively as it implies a lower financial risk associated with debt repayment obligations. The decreasing trend in the financial leverage ratio suggests that Palantir Technologies Inc. Class A Common Stock has been managing its debt levels effectively and improving its financial stability.