Thryv Holdings Inc (THRY)
Debt-to-capital 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 | 152,700 | 152,700 | 382,267 | 314,715 | 196,775 |
| Debt-to-capital ratio | 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 + $152,700K)
= 0.00
Based on the data provided, the debt-to-capital ratio of Thryv Holdings Inc has been consistently at 0.00 for the past five years, indicating that the company has not used debt to finance its operations relative to its capital structure. This suggests that Thryv Holdings Inc has relied on other sources of funding, such as equity, to support its business activities. A debt-to-capital ratio of 0.00 typically indicates a low risk of financial distress related to debt obligations, as there is no debt contributing to the total capital of the company. It may also reflect a conservative financial strategy aimed at avoiding the costs and risks associated with servicing debt. Overall, the stable and consistently low debt-to-capital ratio of Thryv Holdings Inc suggests a financially sound and conservative approach to capital structure management.