Tegna Inc (TGNA)

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 — — — — — — — — — — — — — — — — — — — —
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-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, 2024 calculation

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

Tegna Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple reporting periods spanning from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 signifies that the company has no debt on its balance sheet relative to its equity. This indicates that Tegna Inc has been financing its operations predominantly with equity rather than debt during the specified timeframe. A low or zero debt-to-equity ratio can signal financial stability, as it suggests lower financial risk and less reliance on borrowing. It also reflects positively on the company's ability to manage its financial obligations without accumulating significant debt.