Twilio Inc (TWLO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,865,470 | 11,609,700 | 12,564,300 | 12,998,600 | 9,487,430 |
| Total stockholders’ equity | US$ in thousands | 7,952,970 | 9,732,550 | 10,559,000 | 11,031,500 | 8,452,660 |
| Financial leverage ratio | 1.24 | 1.19 | 1.19 | 1.18 | 1.12 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,865,470K ÷ $7,952,970K
= 1.24
The financial leverage ratio of Twilio Inc. demonstrates a gradual increase over the period from December 31, 2020, to December 31, 2024. Specifically, the ratio was recorded at 1.12 at the end of 2020, which slightly increased to 1.18 by the end of 2021. The ratio continued to show marginal growth, reaching 1.19 by December 31, 2022, and remaining steady into 2023. By the end of 2024, the ratio further increased to 1.24.
This trend indicates a steady upward trajectory in the company's financial leverage, suggesting that Twilio has been incrementally increasing its reliance on debt relative to equity. The incremental nature of these changes implies a cautious approach to leveraging, with the most notable increase occurring between 2023 and 2024. Overall, the data reflects a stable pattern of leverage expansion over the observed period, with the ratio remaining within a moderate range, thereby not signaling excessive use of leverage but indicating a slight shift towards increased debt exposure.
Peer comparison
Dec 31, 2024