Shutterstock (SSTK)
Debt-to-assets ratio
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 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 | 630,512 | 617,237 | 592,953 | 587,497 |
| 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 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,036,020K
= 0.00
The debt-to-assets ratio for Shutterstock Inc has remained relatively stable at around 0.03 to 0.06 over the past eight quarters. This indicates that the company has a low level of debt compared to its total assets, with the ratio typically ranging from 0.03 to 0.06. In Q1 2023 and Q1 2022, the company's debt-to-assets ratio was particularly low at 0.00, suggesting minimal debt in relation to assets during those periods. Overall, the consistent low debt-to-assets ratio reflects Shutterstock Inc's conservative approach to leverage and its ability to finance its operations primarily through equity and internal resources.
Peer comparison
Dec 31, 2023