ZoomInfo Technologies Inc (ZI)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total assets | US$ in thousands | 6,467,600 | 6,394,900 | 6,683,500 | 6,753,900 | 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 |
Total stockholders’ equity | US$ in thousands | 1,693,500 | 1,668,400 | 1,862,900 | 2,005,900 | 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 |
Financial leverage ratio | 3.82 | 3.83 | 3.59 | 3.37 | 3.24 | 3.14 | 3.06 | 3.09 | 3.14 | 3.21 | 3.30 | 3.36 | 3.43 | 3.60 | 2.85 | 2.69 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,467,600K ÷ $1,693,500K
= 3.82
The financial leverage ratio of ZoomInfo Technologies Inc has shown an increasing trend over the period specified in the data. Starting at 2.69 on March 31, 2021, the ratio increased steadily to reach 3.83 by December 31, 2024. This indicates that the company has been relying more on debt financing compared to equity financing over the period under consideration. A higher financial leverage ratio suggests that a company is using more debt to finance its operations, which can amplify returns during good times but also increases risk during economic downturns. It is important for investors and stakeholders to closely monitor the financial leverage ratio to assess the company's financial risk and solvency position.
Peer comparison
Dec 31, 2024