N-Able Inc (NABL)

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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 759,288 764,951 724,370 709,062 711,360 674,680 668,907 656,195 642,071 594,132 605,994 618,555 618,355 617,907 633,275 614,732 631,197
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 + $759,288K)
= 0.00

The debt-to-capital ratio for N-Able Inc has consistently been 0.00 over the period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations in relation to its capital structure during this time frame. A debt-to-capital ratio of 0.00 typically suggests that the company's capital structure is predominantly equity-financed rather than debt-financed. It signifies a lower financial risk as the company is not relying on debt to fund its operations or investments. However, it is essential to consider other financial metrics and factors alongside the debt-to-capital ratio to gain a comprehensive understanding of N-Able Inc's overall financial health and risk profile.