ACI Worldwide Inc (ACIW)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	963,599	1,024,350	1,019,870	1,120,740	1,339,010
Total stockholders’ equity	US$ in thousands	1,324,300	1,193,190	1,244,780	1,206,600	1,129,970
Debt-to-equity ratio		0.73	0.86	0.82	0.93	1.18

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $963,599K ÷ $1,324,300K
= 0.73

The debt-to-equity ratio of ACI Worldwide Inc has shown a decreasing trend from 2019 to 2023, indicating a relative decrease in the company's reliance on debt to finance its operations compared to equity. In 2019, the ratio was relatively high at 1.22, suggesting that the company had a higher level of debt compared to equity. Over the following years, the ratio gradually decreased to 0.78 in 2023, implying a shift towards a more balanced capital structure with a lower proportion of debt relative to equity. This trend may indicate improved financial stability and a decreased risk of financial distress for the company.