TechTarget, Inc. Common Stock (TTGT)
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 | 2,266,490 | 699,888 | 764,717 | 789,000 | 456,568 |
| 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 ÷ $2,266,490K
= 0.00
TechTarget, Inc. Common Stock has maintained a consistent debt-to-assets ratio of 0.00% from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt financing to support its assets during this period. The absence of debt in relation to assets suggests a low financial risk, as the company is not relying on borrowed funds to finance its operations or investments. However, the sudden change to a dash (—) for December 31, 2024, could indicate a lack of available data for that period or a significant event that led to the removal of the ratio. Overall, a debt-to-assets ratio of 0.00% reflects a strong financial position in terms of capital structure and may indicate conservative financial management by TechTarget, Inc.
Peer comparison
Dec 31, 2024