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.
Peer comparison
Dec 31, 2023