Shutterstock (SSTK)
Debt-to-equity 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-equity ratio | 0.23 | 0.23 | 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $119,598K ÷ $518,350K
= 0.23
The debt-to-equity ratio of Shutterstock has been consistently very low, remaining at 0.00 from March 31, 2020, to September 30, 2024. This indicates that the company has either minimal or no debt relative to its equity during this period.
However, there was a slight increase in the debt-to-equity ratio to 0.23 as of September 30, 2024. This increase suggests that the company might have taken on some debt or reduced its equity position compared to previous periods.
Overall, the low debt-to-equity ratio is usually considered favorable as it signifies lower financial risk due to the lower dependence on debt financing. Investors and creditors generally view a low debt-to-equity ratio positively as it indicates financial stability and strength.
Peer comparison
Dec 31, 2024