TechTarget, Inc. Common Stock (TTGT)
Debt-to-assets ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 732,970 | 717,148 | 706,157 | 699,888 | 687,600 | 730,617 | 746,802 | 764,717 | 779 | 799,711 | 799,164 | 789,000 | 509,354 | 482,218 | 464,372 | 456,568 | 231,207 | 223,260 | 211,490 | 221,608 |
| 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 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $732,970K
= 0.00
TechTarget, Inc. Common Stock has consistently maintained a debt-to-assets ratio of 0.00, indicating that the company has not utilized debt to finance its operations and investments. A debt-to-assets ratio of 0.00 implies that the company's total liabilities are negligible compared to its total assets, highlighting a strong financial position with minimal financial risk related to debt obligations. This consistent low debt-to-assets ratio suggests that the company may be funding its operations primarily through equity or internally generated funds rather than relying on external borrowing. Overall, the data reflects a prudent financial management strategy by TechTarget, Inc. Common Stock, ensuring financial stability and reducing potential financial distress associated with high levels of debt.
Peer comparison
Sep 30, 2024