N-Able Inc (NABL)
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 | 759,288 | 711,360 | 642,071 | 618,355 | 631,197 |
| Debt-to-capital ratio | 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 + $759,288K)
= 0.00
The debt-to-capital ratio of N-Able Inc remained consistently at 0.00% from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or growth during this period. A debt-to-capital ratio of 0.00% suggests that the company's capital structure is primarily equity-based, with no reliance on borrowed funds. While this may indicate a lower financial risk due to the absence of debt obligations, it is essential to consider the potential limitations of excessive reliance on equity financing, such as dilution of ownership and limited tax benefits.
Peer comparison
Dec 31, 2024