Trade Desk Inc (TTD)
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 | 2,949,140 | 2,164,220 | 2,115,340 | 1,527,310 | 1,013,140 |
| 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 ÷ $2,949,140K
= 0.00
The debt-to-equity ratio for Trade Desk Inc. remains consistently at zero across the analyzed periods, from December 31, 2020, through December 31, 2024. This indicates that the company has no recorded long-term or short-term debt relative to shareholders' equity during these years. Such a stable and zero debt-to-equity ratio suggests that Trade Desk Inc. relies entirely on equity financing, with no leverage from borrowed funds. This financial structure may imply a conservative approach to debt management and a strong equity base, providing stability and potentially reducing financial risk. However, it also suggests opportunities for growth financing that are not currently being leveraged through debt issuance.
Peer comparison
Dec 31, 2024