Trade Desk Inc (TTD)

Debt-to-equity 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 stockholders’ equity US$ in thousands 2,695,830 2,716,680 2,949,140 2,625,750 2,405,410 2,166,560 2,164,220 2,155,530 2,071,410 1,940,810 2,115,340 1,914,290 1,779,830 1,649,100 1,527,310 1,302,810 1,202,350 1,084,310 1,013,140 832,627
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

June 30, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,695,830K
= 0.00

The data indicates that Trade Desk Inc. has maintained a debt-to-equity ratio of 0.00 across all reporting periods from September 30, 2020, through June 30, 2025. This consistent ratio suggests that the company has not recorded any long-term or short-term debt during this timeframe, thereby relying entirely on shareholder equity to finance its assets and operations. The absence of debt implies a conservative capital structure, potentially reflecting strong internal cash flows, retained earnings, or a strategic preference for avoiding leverage. It also indicates that Trade Desk Inc. does not utilize debt financing, at least within the scope of the available data, which can influence perceptions related to financial stability, risk profile, and flexibility in capital management.