Take-Two Interactive Software Inc (TTWO)

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 Sep 30, 2020 Jun 30, 2020
Total assets US$ in thousands 9,180,700 12,679,900 13,075,300 12,944,600 12,216,900 14,895,700 15,207,400 15,525,300 15,862,100 16,881,400 17,492,900 17,744,900 6,546,220 6,357,950 6,619,030 6,314,260 6,028,220 5,966,100 5,836,150 5,369,240
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
Financial leverage ratio 4.29 2.22 2.25 2.16 2.16 1.75 1.80 1.74 1.75 1.77 1.85 1.84 1.72 1.73 1.91 1.74 1.81 1.89 2.01 2.03

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,180,700K ÷ $2,137,700K
= 4.29

Take-Two Interactive Software Inc's financial leverage ratio has shown fluctuations over the past few years. The financial leverage ratio, which measures the company's level of debt in relation to its equity, was at 2.03 as of June 30, 2020, indicating a higher level of debt compared to equity.

However, the ratio gradually decreased over the next few quarters, reaching a low of 1.72 as of March 31, 2022, suggesting a reduction in the company's reliance on debt financing.

Subsequently, the financial leverage ratio increased again, reaching 4.29 as of March 31, 2025, which indicates a significant increase in debt relative to equity. This sharp increase in the ratio may raise concerns about the company's ability to manage its debt levels effectively.

Overall, Take-Two Interactive Software Inc's financial leverage ratio has exhibited fluctuations, and investors and analysts should closely monitor the company's debt levels and financial health to assess the potential risks associated with its leverage position.