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.