Godaddy Inc (GDDY)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 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 has shown a consistent trend of being zero 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-equity ratio of zero indicates that the company has no debt or its debt level is negligible compared to its equity. This could imply that Godaddy Inc relies more on equity financing rather than debt financing to support its operations and growth. Furthermore, a zero debt-to-equity ratio may also suggest a strong financial position and lower financial risk for the company, as there is no significant debt burden to service.
Peer comparison
Dec 31, 2024