VeriSign Inc (VRSN)
Debt-to-capital ratio
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,492,500 | 1,492,200 | 1,791,300 | 1,790,700 | 1,790,200 | 1,789,600 | 1,789,000 | 1,788,500 | 1,787,900 | 1,787,400 | 1,786,800 | 1,786,300 | 1,785,700 | 1,785,150 | 1,784,650 | 1,790,710 | 1,790,080 | 1,789,450 | 1,788,820 | 1,788,190 |
| Total stockholders’ equity | US$ in thousands | -1,957,900 | -1,900,600 | -1,816,400 | -1,635,700 | -1,581,000 | -1,633,400 | -1,617,900 | -1,593,800 | -1,562,200 | -1,542,400 | -1,455,000 | -1,285,100 | -1,260,500 | -1,417,600 | -1,417,900 | -1,403,800 | -1,390,200 | -1,386,250 | -1,400,320 | -1,409,110 |
| Debt-to-capital ratio | — | — | — | 11.55 | 8.56 | 11.46 | 10.46 | 9.19 | 7.92 | 7.30 | 5.39 | 3.56 | 3.40 | 4.86 | 4.87 | 4.63 | 4.48 | 4.44 | 4.60 | 4.72 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,492,500K ÷ ($1,492,500K + $-1,957,900K)
= —
VeriSign Inc's debt-to-capital ratio has fluctuated over the period from March 31, 2020, to December 31, 2024. The ratio stood at 4.72 as of March 31, 2020, and gradually decreased to 3.40 by December 31, 2021. This downward trend indicated a reduction in the company's reliance on debt relative to its total capital.
However, from March 31, 2022, the debt-to-capital ratio started to increase significantly, reaching a peak of 11.55 by March 31, 2024. This substantial rise suggests a substantial increase in debt compared to the capital structure, indicating that VeriSign Inc may have taken on more debt or experienced a decline in capital during this period.
As of December 31, 2024, the debt-to-capital ratio was not available, which could be due to missing data or a deliberate decision by the company. Overall, the trend in VeriSign Inc's debt-to-capital ratio indicates fluctuations in the company's leverage and capital structure over the analyzed period.
Peer comparison
Dec 31, 2024