Thryv Holdings Inc (THRY)
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 | 152,700 | 152,700 | 382,267 | 314,715 | 196,775 |
| 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 ÷ $152,700K
= 0.00
Thryv Holdings Inc has consistently maintained a debt-to-equity ratio of 0.00 from 2020 to 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity. This suggests that the company is primarily funded by equity rather than debt, which could signify a conservative financial approach or strong profitability that does not necessitate debt financing. However, it's important to note that a debt-to-equity ratio of 0.00 could also raise questions about the company's ability to leverage debt for potential growth opportunities or tax advantages. Overall, Thryv Holdings Inc's stable debt-to-equity ratio over the years indicates a consistent financial strategy focused on equity financing.