Thryv Holdings Inc (THRY)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 152,700 | 397,096 | 404,326 | 395,053 | 382,267 | 421,926 | 411,614 | 356,441 | 314,715 | 304,445 | 269,703 | 229,196 | 196,775 | 36,855 | — | 33,892 | 27,260 | -119,679 | -142,931 | 270,694 |
| 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 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $152,700K
= 0.00
Thryv Holdings Inc's debt-to-equity ratio has fluctuated over the past eight quarters. In Q4 2022, the ratio was 1.23, indicating that the company had a higher level of debt relative to its equity. Subsequently, in Q1 2023, the ratio increased to 1.15, suggesting a slight improvement in the company's debt position. However, the ratio rose again in the following quarters, reaching its peak at 2.28 in Q4 2023, signifying a significant increase in debt relative to equity.
Overall, the trend in Thryv Holdings Inc's debt-to-equity ratio shows some volatility, with periods of both improvement and deterioration in the company's debt levels. It is important for investors and stakeholders to monitor this ratio closely to assess the company's leverage and financial risk.