Ziff Davis Inc (ZD)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 864,282 | 1,001,310 | 999,053 | 1,036,020 | 1,182,220 |
| Total assets | US$ in thousands | 3,704,330 | 3,471,020 | 3,533,270 | 3,770,280 | 3,665,330 |
| Debt-to-assets ratio | 0.23 | 0.29 | 0.28 | 0.27 | 0.32 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $864,282K ÷ $3,704,330K
= 0.23
The debt-to-assets ratio of Ziff Davis Inc has shown a gradual decrease over the past five years, starting at 0.32 in December 2020 and reaching 0.23 by December 2024. This indicates that the company has been successful in reducing its debt relative to its total assets over this period. A lower debt-to-assets ratio implies that the company is relying less on debt financing and has a stronger financial position in terms of asset coverage for its liabilities. This trend may be a positive sign for investors and creditors, signaling improved financial stability and potentially reduced financial risk for the company.