Trade Desk Inc (TTD)

Debt-to-assets ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 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
Long-term debt US$ in thousands
Total assets US$ in thousands 5,957,810 5,705,440 6,111,950 5,505,320 5,159,920 4,663,800 4,888,690 4,520,430 4,346,970 3,999,640 4,380,680 3,923,950 3,672,750 3,432,720 3,577,340 2,988,760 2,792,950 2,602,700 2,753,640 2,138,430
Debt-to-assets 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

June 30, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,957,810K
= 0.00

The data indicates that the debt-to-assets ratio for Trade Desk Inc has consistently been zero across all reported dates from September 2020 through June 2025. This persistent ratio of zero suggests that the company has not recorded any debt relative to its total assets during this period. Such a pattern is indicative of a capital structure entirely composed of equity, with no reliance on borrowed funds or debt financing. Consequently, the company's financial leverage appears negligible, reflecting a conservative financial posture or possibly the absence of long-term borrowing. This stability in the debt-to-assets ratio underscores that Trade Desk Inc has maintained a debt-free status over the specified time frame, which could be viewed positively in terms of financial stability and risk profile but may also imply limitations on growth leveraging.