Datadog Inc (DDOG)

Debt-to-capital ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	2,714,360	2,025,350	1,410,500	1,041,200	957,432
Debt-to-capital ratio		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 + $2,714,360K)
= 0.00

The debt-to-capital ratio of Datadog Inc remains consistently at 0.00 across all reported periods from December 31, 2020, through December 31, 2024. This indicates that the company has not employed any debt financing relative to its total capital during these years. The persistent zero ratio suggests that Datadog Inc's capital structure relies entirely on equity or equity-like funding sources, with no reported reliance on debt. Consequently, the analysis reflects a conservative capital structure with minimal financial leverage, which may imply a lower risk profile related to debt obligations but could also limit leverage-based growth opportunities.