N-Able Inc (NABL)

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
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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $759,288K
= 0.00

Based on the available data, N-Able Inc's debt-to-equity ratio has consistently been 0.00 for the period from December 31, 2020, to December 31, 2024. This indicates that the company did not have any long-term debt during this period or that the amount of debt was negligible relative to its equity.

A debt-to-equity ratio of 0.00 suggests that the company primarily relies on equity financing to support its operations and growth initiatives. This can be viewed positively by investors and creditors as it signifies a lower financial risk since the company is not heavily leveraged with debt.

Overall, the sustained 0.00 debt-to-equity ratio for N-Able Inc demonstrates a conservative financial structure and a strong equity position relative to its debt obligations throughout the observed period.