Shutterstock (SSTK)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 518,350 | 522,915 | 520,412 | 541,275 | 527,094 | 531,963 | 519,507 | 476,534 | 447,482 | 430,583 | 429,093 | 444,423 | 468,482 | 474,896 | 465,334 | 440,504 | 421,925 | 390,240 | 343,500 | 327,727 |
| Debt-to-capital ratio | 0.19 | 0.19 | 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $119,598K ÷ ($119,598K + $518,350K)
= 0.19
The debt-to-capital ratio for Shutterstock has been consistently at 0.00 from March 31, 2020, to June 30, 2022. This indicates that the company had no debt in relation to its capital during this period. However, there was a slight increase in the debt-to-capital ratio to 0.19 as of September 30, 2024, and this ratio remained the same for the following quarter. This increase suggests that a small portion of the company's capital structure is funded by debt as of the end of 2024. It is essential to monitor this ratio over time to assess the company's leverage levels and its ability to meet its financial obligations.
Peer comparison
Dec 31, 2024