TechTarget Inc (TTGT)

Debt-to-equity ratio

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands 195,631 195,303 194,976 153,882 21,066 21,540 22,007 22,473 22,784 23,094 23,404
Total stockholders’ equity US$ in thousands 222,927 209,008 202,297 210,022 217,474 229,838 238,402 241,196 222,757 208,521 193,832 182,138 202,506 162,256 153,546 145,375 152,951 147,771 141,380 135,125
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.94 1.01 1.07 0.76 0.13 0.14 0.15 0.15 0.15 0.16 0.17

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $222,927K
= 0.00

Techtarget Inc.'s debt-to-equity ratio has shown some fluctuations over the past eight quarters, ranging from 1.84 to 2.26. The trend indicates an overall increase in leverage over the period. The company's debt levels relative to shareholder equity have been on the rise, reaching a peak in Q2 2023. This suggests that Techtarget has been relying more on debt financing compared to equity financing to support its operations and growth initiatives. A higher debt-to-equity ratio can indicate increased financial risk, as the company may have higher interest payments and be more vulnerable to changes in interest rates or economic conditions. It is important for investors and stakeholders to monitor this ratio closely to assess the company's financial health and sustainability of its capital structure.


Peer comparison

Dec 31, 2023