Thryv Holdings Inc (THRY)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 94,532 | 183,060 | 167,066 | 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 | 36,500 | 33,892 | 27,260 |
| 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 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $94,532K
= 0.00
Thryv Holdings Inc's debt-to-equity ratio has been consistently reported as 0.00 in the financial statements provided from Dec 2019 to Sep 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt in relation to its equity. This implies that the company may be relying primarily on equity financing rather than debt to fund its operations and investments. While a low or zero debt-to-equity ratio can signify a lower financial risk and less dependency on borrowed funds, it is important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and capital structure.