Akamai Technologies Inc (AKAM)

Debt-to-assets 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	3,538,230	3,536,340	2,287,480	2,286,370	2,285,260	2,284,150	2,283,040	2,281,930	1,976,170	1,958,560	1,941,110	1,923,830	1,906,710	1,889,740	1,872,940	1,856,290	1,839,790	1,823,450	893,191	883,584
Total assets	US$ in thousands	9,900,040	9,582,090	8,345,960	8,183,330	8,303,400	8,136,480	8,230,750	8,312,390	8,138,670	8,115,480	7,920,940	7,817,920	7,764,130	7,514,390	7,224,800	6,947,960	7,006,890	6,357,430	5,343,240	5,182,760
Debt-to-assets ratio		0.36	0.37	0.27	0.28	0.28	0.28	0.28	0.27	0.24	0.24	0.25	0.25	0.25	0.25	0.26	0.27	0.26	0.29	0.17	0.17

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,538,230K ÷ $9,900,040K
= 0.36

Akamai Technologies Inc's debt-to-assets ratio has shown relative stability over the quarters analyzed, ranging from 0.28 to 0.37. The debt-to-assets ratio measures the proportion of a company's assets financed by debt, with a lower ratio indicating a lower level of financial risk. The trend for Akamai Technologies Inc indicates that the company has effectively managed its debt levels relative to its total assets, maintaining a healthy balance between debt and equity financing. The slight fluctuations in the debt-to-assets ratio suggest that the company has been consistent in its approach to managing its capital structure. Overall, the trend in the debt-to-assets ratio reflects Akamai Technologies Inc's prudent financial management and potential ability to weather economic uncertainties.