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