ZoomInfo Technologies Inc (ZI)

Financial leverage ratio

		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	6,868,300	7,070,900	7,192,200	7,165,100	7,136,400	7,059,200	7,008,500	6,924,200	6,852,900	6,608,100	2,823,300	2,547,000	2,327,400	2,048,500	1,919,300
Total stockholders’ equity	US$ in thousands	2,119,300	2,250,400	2,347,000	2,319,300	2,271,800	2,196,300	2,123,900	2,059,400	1,997,900	1,834,700	991,700	946,900	939,600	820,500	783,300
Financial leverage ratio		3.24	3.14	3.06	3.09	3.14	3.21	3.30	3.36	3.43	3.60	2.85	2.69	2.48	2.50	2.45

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,868,300K ÷ $2,119,300K
= 3.24

The financial leverage ratio of ZoomInfo Technologies Inc. has exhibited a relatively stable trend over the past several quarters, fluctuating within a narrow range between 3.06 and 3.36. The ratio peaked at 3.36 in Q1 2022 and reached its lowest point at 3.06 in Q2 2023. Generally, a financial leverage ratio above 3 indicates that the company relies heavily on debt to finance its operations and investments compared to equity. This suggests that ZoomInfo Technologies Inc. has a higher level of financial risk due to its significant debt obligations. However, it is crucial to consider other factors such as the company's profitability and cash flow to have a comprehensive understanding of its overall financial health.