New York Times Company (NYT)
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 | 1,927,210 | 1,763,220 | 1,597,970 | 1,538,720 | 1,325,520 |
| 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 ÷ $1,927,210K
= 0.00
The debt-to-equity ratio of New York Times Company has remained consistently at 0.00 over the past five years, from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period and relies solely on equity for its capital structure. A debt-to-equity ratio of 0.00 signifies a conservative financial approach with low financial risk, as there is no debt to be repaid, reducing interest expenses and potential financial strain. Despite the lack of leverage, it is essential for investors to assess other liquidity, profitability, and efficiency metrics to gain a comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024