TechTarget, Inc. Common Stock (TTGT)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 249,476 | 236,810 | 223,494 | 222,927 | 209,008 | 202,297 | 210,022 | 217,474 | 230 | 238,402 | 241,196 | 222,757 | 208,521 | 193,832 | 182,138 | 202,506 | 162,256 | 153,546 | 145,375 | 152,951 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $249,476K)
= 0.00
TechTarget, Inc. Common Stock has consistently maintained a debt-to-capital ratio of 0.00, as reported in its financial statements from December 31, 2019, to September 30, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure relative to equity. A debt-to-capital ratio of 0.00 signifies that the company's total debt is either very low or non-existent compared to its total capital, which includes both debt and equity.
Having a consistent debt-to-capital ratio of 0.00 may suggest that TechTarget relies more on equity financing or internally generated funds to support its operations and growth rather than taking on debt. This may indicate a lower financial risk for the company as it has lower leverage and less financial obligations to service through interest payments.
Overall, the stable and low debt-to-capital ratio of 0.00 for TechTarget, Inc. Common Stock reflects a conservative approach to capital structure management and financial risk mitigation.
Peer comparison
Sep 30, 2024