Insperity Inc (NSP)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 369,000 | 369,000 | 369,000 | 369,000 | 369,000 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 | 369,400 |
| Total stockholders’ equity | US$ in thousands | 97,000 | 125,000 | 142,000 | 140,000 | 94,000 | 83,000 | 131,000 | 133,000 | 81,000 | 60,503 | 35,132 | 33,961 | -1,774 | 97,006 | 87,262 | 73,644 | 44,132 | 40,639 | 44,638 | -3,310 |
| Debt-to-capital ratio | 0.79 | 0.75 | 0.72 | 0.72 | 0.80 | 0.82 | 0.74 | 0.74 | 0.82 | 0.86 | 0.91 | 0.92 | 1.00 | 0.79 | 0.81 | 0.83 | 0.89 | 0.90 | 0.89 | 1.01 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $369,000K ÷ ($369,000K + $97,000K)
= 0.79
The debt-to-capital ratio of Insperity Inc has shown a declining trend from 1.01 as of March 31, 2020, to 0.79 as of September 30, 2021. This indicates that the company's level of debt relative to its total capital has been decreasing over the period. However, there was a slight increase to 1.00 as of December 31, 2021, which was followed by a decrease to 0.72 as of March 31, 2023. The ratio has remained relatively stable around the range of 0.72 to 0.82 from 2023 to 2024, indicating a prudent approach to managing debt levels in relation to the company's total capital. Overall, the decreasing trend in the debt-to-capital ratio suggests that Insperity Inc has been effectively managing its debt and capital structure during the period under review.
Peer comparison
Dec 31, 2024