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 | ||
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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.
Peer comparison
Mar 31, 2025