NCR Voyix Corporation (VYX)
Financial leverage ratio
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,452,000 | 4,674,000 | 4,783,000 | 5,007,000 | 4,990,000 | 13,223,000 | 11,279,000 | 11,442,000 | 11,507,000 | 11,783,000 | 11,756,000 | 11,715,000 | 11,641,000 | 11,589,000 | 12,063,000 | 8,702,000 | 8,414,000 | 9,828,000 | 9,949,000 | 9,555,000 |
| Total stockholders’ equity | US$ in thousands | 1,209,000 | 1,289,000 | 191,000 | 242,000 | 301,000 | 1,647,000 | 1,830,000 | 1,764,000 | 1,755,000 | 1,720,000 | 1,645,000 | 1,597,000 | 1,530,000 | 1,457,000 | 1,427,000 | 1,369,000 | 1,321,000 | 1,603,000 | 1,522,000 | 1,419,000 |
| Financial leverage ratio | 3.68 | 3.63 | 25.04 | 20.69 | 16.58 | 8.03 | 6.16 | 6.49 | 6.56 | 6.85 | 7.15 | 7.34 | 7.61 | 7.95 | 8.45 | 6.36 | 6.37 | 6.13 | 6.54 | 6.73 |
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 shown fluctuating trends over the past few years. The ratio started at 6.73 on March 31, 2020, and gradually decreased to 6.13 by September 30, 2020. However, the ratio increased again to 8.45 by June 30, 2021, indicating higher financial leverage.
From June 30, 2021, the financial leverage ratio decreased consistently until March 31, 2023, reaching a low of 6.16. However, there was a significant spike to 16.58 by December 31, 2023, followed by a substantial increase to 25.04 by June 30, 2024, indicating a sharp rise in financial leverage.
The ratio then dropped to 3.63 by September 30, 2024, followed by a slight increase to 3.68 by December 31, 2024. The erratic behavior of the financial leverage ratio during this period suggests fluctuations in the company's debt levels relative to its equity, potentially indicating varying degrees of financial risk and leverage employed by NCR Voyix Corporation.