Tegna Inc (TGNA)

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
Total stockholders’ equity US$ in thousands 3,004,710 2,871,370 2,801,100 2,797,890 2,704,870 2,960,540 2,904,160 3,151,260 3,071,720 2,878,260 2,741,720 2,618,850 2,519,910 2,419,710 2,258,960 2,139,340 2,058,100 1,799,540 1,675,310 1,658,260
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,004,710K)
= 0.00

The debt-to-capital ratio for Tegna Inc has remained consistently at 0.00% from March 2020 to December 2024, indicating that the company has not used any debt to finance its operations during this period. A debt-to-capital ratio of 0.00% suggests that Tegna Inc has relied solely on equity financing to fund its activities, which can be perceived positively as it indicates a lower financial risk due to the absence of debt obligations. However, it is important to note that while a low debt-to-capital ratio can be advantageous, it may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Overall, Tegna Inc's stable and low debt-to-capital ratio reflects a conservative approach to financing its operations.