Shutterstock (SSTK)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 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 | 328,145 | 316,253 | 303,921 | 294,984 |
Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $527,094K
= 0.00
The debt-to-equity ratio for Shutterstock Inc remained relatively stable at around 0.06 for the most recent quarters of 2023. This indicates that the company has a low level of debt in relation to its equity. Moreover, the ratio was notably lower in Q1 2023 and Q1 2022, where it was close to 0.00, suggesting that the company had very minimal debt compared to its equity during those periods. Overall, the consistent low debt-to-equity ratio reflects a conservative capital structure and financial stability for Shutterstock Inc.
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-equity ratio
Shutterstock
SSTK
0.00
Automatic Data Processing Inc
ADP
0.66
CarGurus
CARG
0.00
Cars.com Inc
CARS
0.93
CSG Systems International Inc
CSGS
1.96
DXC Technology Co
DXC
1.36
Kyndryl Holdings Inc
KD
2.86
Liveramp Holdings Inc
RAMP
0.00
Verisk Analytics Inc
VRSK
9.14