QuinStreet Inc (QNST)

Debt-to-capital 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 stockholders’ equity US$ in thousands 244,044 235,475 224,252 219,818 216,825 214,964 215,253 222,336 229,801 284,527 279,796 283,256 286,000 301,463 298,645 299,695 295,550 288,567 279,406 273,288
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $244,044K)
= 0.00

The debt-to-capital ratio for QuinStreet Inc., as of the available reporting periods, consistently stands at zero. This indicates that throughout the observed timeframe—from September 30, 2020, through June 30, 2025—there is no measurable debt relative to the company’s capital structure. Such a persistent zero ratio suggests that QuinStreet Inc. has maintained an entirely equity-financed capital structure, without any reliance on debt financing. This financial positioning reflects a conservative approach to leverage, potentially reducing financial risk and interest obligations, while also limiting the company's ability to leverage debt for growth or operational flexibility. Overall, the data underscores the absence of debt as part of QuinStreet Inc.’s long-term capital strategy across the specified periods.