Godaddy Inc (GDDY)
Debt-to-assets 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 assets | US$ in thousands | 8,235,400 | 7,997,200 | 7,721,900 | 7,978,800 | 7,564,900 | 6,499,200 | 6,793,900 | 7,092,300 | 6,973,500 | 7,072,900 | 6,904,100 | 6,901,300 | 7,417,100 | 7,298,000 | 7,362,100 | 7,259,300 | 6,432,900 | 6,207,800 | 6,092,100 | 6,162,200 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,235,400K
= 0.00
The debt-to-assets ratio of Godaddy Inc has remained consistently at 0.00 from March 2020 to December 2024. This indicates that the company has not used debt significantly to finance its assets during this period. A low debt-to-assets ratio generally implies lower financial risk and less reliance on debt financing, which can be seen as a positive indicator of financial stability. Godaddy Inc's consistent 0.00 debt-to-assets ratio suggests a strong financial position and effective management of its capital structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Godaddy Inc
GDDY
0.00
Agilysys Inc
AGYS
0.00
CACI International Inc
CACI
0.22
Leidos Holdings Inc
LDOS
0.00
Light & Wonder Inc
LNW
0.00
NetScout Systems Inc
NTCT
0.04
Parsons Corp
PSN
0.14
Science Applications International Corporation Common Stock
SAIC
0.36
Simulations Plus Inc
SLP
0.00
Synnex Corporation
SNX
0.00