Godaddy Inc (GDDY)

Debt-to-equity ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	3,798,500	3,802,300	3,806,000	3,809,600	3,812,900	3,842,900	3,848,000	3,852,800	3,858,200	3,863,700	3,869,300	3,874,900	3,090,100	3,097,400	2,368,000	2,372,300	2,376,800	2,383,100	2,387,700	2,390,000
Total stockholders’ equity	US$ in thousands	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	772,000	667,900	945,100	910,400
Debt-to-equity ratio		61.07	—	—	—	—	—	—	—	47.22	—	—	—	—	—	—	4.94	3.08	3.57	2.53	2.63

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,798,500K ÷ $62,200K
= 61.07

Based on the available data, the debt-to-equity ratio for Godaddy Inc in Q4 2023 stands at 61.36. This suggests that the company relies more on debt financing relative to equity to fund its operations and expansion. A high debt-to-equity ratio may indicate higher financial risk and potential difficulties in meeting debt obligations, especially in challenging economic conditions. It is important for investors and stakeholders to monitor the trend of this ratio over time to assess the company's financial leverage and stability. However, as data for earlier quarters is not available, it is recommended to analyze the trend over multiple periods for a more comprehensive evaluation.