Tegna Inc (TGNA)
Debt-to-assets 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total assets | US$ in thousands | 7,326,520 | 7,198,600 | 7,089,330 | 7,104,660 | 7,000,060 | 7,195,050 | 7,115,270 | 7,394,040 | 7,328,900 | 7,124,130 | 6,965,480 | 6,853,740 | 6,917,650 | 6,930,650 | 6,843,100 | 6,857,810 | 6,848,700 | 6,945,000 | 6,928,420 | 6,894,100 |
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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,326,520K
= 0.00
The debt-to-assets ratio of Tegna Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that Tegna Inc relies solely on equity financing for its operations and does not have any financial risk associated with debt obligations. This stable and low debt-to-assets ratio is a positive indicator of the company's financial stability and sound capital structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Tegna Inc
TGNA
0.00
Fox Corp Class A
FOXA
0.30
Fox Corp Class B
FOX
0.30
Nexstar Broadcasting Group Inc
NXST
0.00
Paramount Global Class B
PARA
0.00