Shutterstock (SSTK)
Debt-to-assets 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 | 119,598 | 120,392 | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,309,160 | 1,348,840 | 1,003,870 | 1,028,500 | 1,036,020 | 1,015,920 | 1,004,260 | 842,523 | 881,184 | 840,180 | 848,568 | 795,978 | 851,710 | 841,177 | 795,852 | 755,144 | 729,644 | 688,282 | 626,331 | 614,965 |
| Debt-to-assets ratio | 0.09 | 0.09 | 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $119,598K ÷ $1,309,160K
= 0.09
The debt-to-assets ratio for Shutterstock has remained consistently at 0.00 for most of the reporting periods from March 31, 2020, to June 30, 2024. This indicates that the company has had no debt or very minimal debt in relation to its total assets during this time frame.
However, there is a slight increase in the debt-to-assets ratio to 0.09 as of September 30, 2024, and December 31, 2024. This could suggest that Shutterstock has taken on some level of debt compared to its total assets in these particular periods.
Overall, a low debt-to-assets ratio typically indicates a lower financial risk for the company, as there is less dependency on debt financing. It is important to monitor any changes in this ratio over time to assess the company's financial leverage and risk management strategies.
Peer comparison
Dec 31, 2024