NCR Voyix Corporation (VYX)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,452,000 | 4,990,000 | 11,507,000 | 11,641,000 | 8,414,000 |
| Total stockholders’ equity | US$ in thousands | 1,209,000 | 301,000 | 1,755,000 | 1,530,000 | 1,321,000 |
| Financial leverage ratio | 3.68 | 16.58 | 6.56 | 7.61 | 6.37 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,452,000K ÷ $1,209,000K
= 3.68
The financial leverage ratio of NCR Voyix Corporation has displayed fluctuations over the past five years. Starting at 6.37 on December 31, 2020, the ratio increased to 7.61 by the end of 2021, showing a higher level of leverage. In 2022, the ratio decreased slightly to 6.56, indicating some decrease in the company's reliance on debt financing. However, by December 31, 2023, the ratio surged significantly to 16.58, signaling a substantial increase in financial leverage. This spike may suggest heightened financial risk or aggressive growth strategies during that period. In contrast, by the end of 2024, the ratio decreased sharply to 3.68, reflecting a lower level of financial leverage. Overall, NCR Voyix Corporation's financial leverage ratios have varied significantly in recent years, reflecting changes in the company's capital structure and financing decisions.