TechTarget, Inc. Common Stock (TTGT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,266,490 | 699,888 | 764,717 | 789,000 | 456,568 |
| Total stockholders’ equity | US$ in thousands | 1,571,850 | 222,927 | 217,474 | 222,757 | 202,506 |
| Financial leverage ratio | 1.44 | 3.14 | 3.52 | 3.54 | 2.25 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,266,490K ÷ $1,571,850K
= 1.44
The financial leverage ratio of TechTarget, Inc. Common Stock has shown an increasing trend from 2.25 in December 2020 to 3.54 in December 2021. The ratio then somewhat stabilized around 3.5 in both December 2022 and December 2023, indicating a consistent level of financial leverage. However, there is missing data for December 2024, denoted by "—", which prevents us from evaluating the most recent leverage position. Overall, the company's financial leverage has been on the rise over the years, suggesting an increasing reliance on debt to finance its operations and growth.
Peer comparison
Dec 31, 2024