Godaddy Inc (GDDY)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | — | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $692,100K
= 0.00
The debt-to-equity ratio of Godaddy Inc for the years provided is as follows:
- As of December 31, 2020, the debt-to-equity ratio is not available (represented as "—").
- As of December 31, 2021, the company's debt-to-equity ratio is 0.00, indicating that there is no debt on the company's balance sheet in relation to its equity.
- As of December 31, 2022, the debt-to-equity ratio is not available (represented as "—").
- As of December 31, 2023, and December 31, 2024, the debt-to-equity ratio remains at 0.00, suggesting a consistent absence of debt relative to equity across these years.
The consistent debt-to-equity ratio of 0.00 over the years suggests that Godaddy Inc has been maintaining a debt-free capital structure during this period, which could indicate a strong financial position with minimal financial risk associated with debt obligations.
Peer comparison
Dec 31, 2024