QuinStreet Inc (QNST)

Debt-to-assets ratio

Jun 30, 2025 Mar 31, 2025 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
Long-term debt US$ in thousands
Total assets US$ in thousands 431,107 417,235 409,647 401,172 368,546 349,251 320,917 320,965 337,155 412,479 391,893 405,527 419,909 433,763 427,591 441,933 449,917 442,495 415,057 417,112
Debt-to-assets 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 0.00 0.00 0.00

June 30, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $431,107K
= 0.00

The debt-to-assets ratio for QuinStreet Inc has consistently been reported as zero across all evaluated periods from September 30, 2020, through June 30, 2025. This indicates that the company has maintained a financial structure devoid of reported debt during this timeframe. The persistent absence of debt suggests that QuinStreet Inc relies entirely on equity or internal funding sources for its assets, reflecting a potentially conservative or debt-averse capital structure. Such a position may reduce financial leverage and associated risks, but it could also imply limited access to or utilization of debt financing to accelerate growth or fund strategic initiatives. Overall, the data demonstrates that QuinStreet Inc's leverage ratio has remained at zero, indicating no reliance on debt as a component of its capital structure throughout the examined period.