Tegna Inc (TGNA)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 3,004,710 2,704,870 3,071,720 2,519,910 2,058,100
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,004,710K
= 0.00

Based on the provided data, Tegna Inc's debt-to-equity ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has not incurred any long-term debt or has managed to offset its debt with shareholder equity effectively. A debt-to-equity ratio of 0.00 typically indicates that the company's financial structure is less reliant on debt financing and may be viewed positively by investors and lenders as it implies lower financial risk. However, it is important to consider other financial metrics and factors to obtain a comprehensive understanding of Tegna Inc's financial position and performance.