Thoughtworks Holding (TWKS) Debt to Equity Ratio

Price: $4.47
Market Cap: $1.45B
Avg Volume: -
Country: US
Industry: Information Technology Services
Sector: Technology
Beta: 1.134
52W Range: $None
Website: Thoughtworks Holding

Debt to Equity Ratio

Thoughtworks Holding's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.40
  • Quarterly: 0.42
  • TTM: 0.42

Other Key Debt Metrics

These metrics provide additional insights into Thoughtworks Holding's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 23.24%
    • Quarterly: 24.33%
    • TTM: 24.33%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 23.24%
    • Quarterly: 24.33%
    • TTM: 24.33%

These financial metrics offer a comprehensive view of Thoughtworks Holding's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.40

Quarterly Debt to Equity Ratio

0.42

TTM Debt to Equity Ratio

0.42

Thoughtworks Holding Historical Debt to Equity Ratio
1.591.591.061.060.530.530.000.00Debt to Equity Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Debt Ratio
51.82%51.82%43.18%43.18%34.54%34.54%25.91%25.91%17.27%17.27%8.64%8.64%0.00%0.00%Debt Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Debt to Assets Ratio
51.82%51.82%43.18%43.18%34.54%34.54%25.91%25.91%17.27%17.27%8.64%8.64%0.00%0.00%Debt to Assets Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

Thoughtworks Holding Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2023 0.40 23.24% 23.24%
2022 0.51 27.29% 27.29%
2021 0.71 33.99% 33.99%
2020 0.91 29.82% 29.82%
2019 1.12 43.18% 43.18%

Related Metrics

Explore detailed financial metrics and analysis for TWKS.