Take-Two Interactive Software Inc (TTWO)

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	Sep 30, 2020	Jun 30, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	2,137,700	5,701,900	5,798,500	5,991,500	5,667,900	8,508,600	8,430,100	8,940,200	9,042,500	9,550,400	9,433,500	9,662,300	3,809,660	3,665,740	3,469,670	3,618,930	3,331,890	3,155,290	2,901,280	2,651,030
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	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 + $2,137,700K)
= 0.00

Take-Two Interactive Software Inc's debt-to-capital ratio has consistently remained at 0.00 from June 30, 2020, to March 31, 2025. The ratio indicates that the company has not utilized any debt to finance its operations and investments in relation to its total capital. This suggests that the company relies more on equity financing or other sources of capital rather than debt to fund its activities. A lower debt-to-capital ratio generally signifies lower financial risk and lower interest expenses. Take-Two Interactive's consistent 0.00 debt-to-capital ratio suggests a conservative financial approach regarding leverage and debt management.