Godaddy Inc (GDDY)
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 | 692,100 | 62,200 | -331,800 | 81,700 | -12,900 |
| Debt-to-capital ratio | 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 + $692,100K)
= 0.00
The debt-to-capital ratio for Godaddy Inc has remained stable at 0.00% for the years ending December 31, 2021, 2023, and 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during these periods. However, the data provided does not include values for the years ending December 31, 2020 and 2022. It is important to note that a debt-to-capital ratio of 0.00% may suggest that the company is financing its operations primarily through equity, which could be seen as a positive sign for investors and creditors as it indicates lower financial risk associated with debt obligations.
Peer comparison
Dec 31, 2024