ACI Worldwide Inc (ACIW)

Debt-to-equity ratio

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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands 963,599 987,221 991,829 1,010,940 1,024,350 947,750 1,031,130 1,036,380 1,019,870 1,033,350 1,071,820 1,097,160 1,120,740 1,234,320 1,282,890 1,321,450 1,339,010 1,373,560 1,352,100 645,784
Total stockholders’ equity US$ in thousands 1,324,300 1,211,040 1,172,530 1,167,630 1,193,190 1,198,220 1,208,360 1,224,670 1,244,780 1,195,550 1,178,560 1,197,720 1,206,600 1,122,840 1,090,740 1,067,800 1,129,970 1,058,940 1,052,580 1,032,580
Debt-to-equity ratio 0.73 0.82 0.85 0.87 0.86 0.79 0.85 0.85 0.82 0.86 0.91 0.92 0.93 1.10 1.18 1.24 1.18 1.30 1.28 0.63

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 fluctuations over the past eight quarters. The ratio has ranged from 0.78 to 0.93 during this period. In Q4 2023, the ratio stood at 0.78, reflecting a relatively lower level of debt compared to equity in the company's capital structure. This suggests that ACI Worldwide Inc relies more on equity financing than debt financing.

The trend over the past quarters indicates some volatility in the company's debt-to-equity ratio, with periodic increases and decreases. While the ratio has exceeded 0.90 at times, indicating higher debt relative to equity, it has also dipped below this threshold, signaling a stronger equity position compared to debt.

Overall, the varying levels of the debt-to-equity ratio suggest that ACI Worldwide Inc's capital structure has experienced fluctuations in the proportion of debt and equity financing. Investors and stakeholders may monitor these changes to assess the company's leverage and financial risk in the long term.