Godaddy Inc (GDDY)

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 692,100 356,700 157,000 414,800 62,200 -976,300 -667,100 -357,900 -331,800 -278,400 -447,200 -470,500 81,700 -102,800 -33,300 -72,800 -12,900 -164,200 -261,300 480,700
Debt-to-capital ratio 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 + $692,100K)
= 0.00

The debt-to-capital ratio for Godaddy Inc remained at 0.00% for the periods ending March 31, 2020, December 31, 2021, March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024. A debt-to-capital ratio of 0.00% typically indicates that the company has no debt in its capital structure or that its debt levels are very minimal compared to its total capital. This could suggest a low financial risk and a healthy balance sheet position. However, it's important to note that the absence of debt may also limit the company's ability to leverage its operations for growth or investment opportunities. Monitoring this ratio over time can provide insights into the company's capital structure decisions and financial health.