QuinStreet Inc (QNST)

Debt-to-capital ratio

		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	Dec 31, 2019	Sep 30, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	216,825	214,964	215,253	222,336	229,801	284,527	279,796	283,256	286,000	301,463	298,645	299,695	295,148	288,567	279,406	273,288	255,944	249,207	233,871	228,091
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, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $216,825K)
= 0.00

The debt-to-capital ratio of QuinStreet Inc has consistently been reported as 0.00 across multiple periods spanning from September 2019 to June 2024. This ratio indicates that the company has not reported any debt in relation to its capital structure during these periods. A debt-to-capital ratio of 0.00 typically suggests that the company is not utilizing debt to finance its operations, and instead relies on equity or other non-debt sources for funding. This could signify a lower risk profile as the company is not burdened by interest payments and debt obligations. However, it is important to note that a debt-to-capital ratio of 0.00 may also indicate that the company is understating its debt or that the financial data may not accurately reflect the actual leverage position of the company. Further analysis of the financial statements and disclosures would be needed to gain a deeper understanding of QuinStreet Inc's capital structure and financial health.