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.