Dayforce Inc. (DAY)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,546,300 2,556,000 2,475,800 2,432,800 2,398,200 2,266,900 2,240,200 2,194,200 2,109,400 2,051,200 2,094,300 2,140,800 2,227,500 2,221,800 2,199,800 2,159,300 2,098,200 2,036,300 1,985,700 1,885,600
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,546,300K)
= 0.00

Dayforce Inc. has consistently maintained a debt-to-capital ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during the periods analyzed. This implies that Dayforce Inc. is primarily funded through equity rather than debt. A low or zero debt-to-capital ratio may suggest that the company has a strong financial position, minimal financial risk, and may not be reliant on debt for its operations or expansion. Investors and stakeholders may view a consistently low debt-to-capital ratio positively, as it indicates a lower risk of financial distress related to debt obligations.