N-Able Inc (NABL)

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 759,288 711,360 642,071 618,355 631,197
Debt-to-equity ratio 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 ÷ $759,288K
= 0.00

The debt-to-equity ratio for N-Able Inc remained consistently at 0.00 for the years 2020 to 2024. This indicates that the company did not have any financial leverage through debt during this period, as its total liabilities were non-existent or negligible compared to its equity. This could suggest that N-Able Inc relied more on equity financing or retained earnings to fund its operations and growth, which can be seen as a positive sign of financial stability and lower financial risk.