Trade Desk Inc (TTD)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 6,111,950 | 4,888,690 | 4,380,680 | 3,577,340 | 2,753,640 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,111,950K
= 0.00
The debt-to-assets ratio for Trade Desk Inc. from December 31, 2020, through December 31, 2024, consistently registers at 0.00. This indicates that the company maintains a zero level of debt relative to its total assets over this five-year period. Such a stable and null debt-to-assets ratio suggests that Trade Desk Inc. does not rely on borrowed funds or leverage in its capital structure, instead funding its operations and growth entirely through equity or internal resources. This financial posture portrays a conservative approach to leverage, reducing financial risk associated with debt obligations. The absence of debt also implies that the company's assets are fully financed by equity, positioning it as a potentially low-risk entity from a leverage perspective.
Peer comparison
Dec 31, 2024