Ziff Davis Inc (ZD)
Debt-to-assets 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 | 864,282 | 863,741 | 1,002,460 | 1,001,880 | 1,001,310 | 1,000,740 | 1,000,180 | 999,617 | 999,053 | 998,499 | 1,033,700 | 1,122,940 | 1,036,020 | 1,110,700 | 1,189,730 | 1,186,440 | 1,182,220 | 1,075,070 | 1,071,360 | 1,455,450 |
| Total assets | US$ in thousands | 3,704,330 | 3,419,440 | 3,663,810 | 3,727,030 | 3,471,020 | 3,383,230 | 3,469,290 | 3,527,070 | 3,533,270 | 3,433,070 | 3,543,100 | 3,663,170 | 3,770,280 | 3,830,660 | 3,703,370 | 3,703,660 | 3,665,330 | 3,342,990 | 3,419,440 | 3,368,890 |
| Debt-to-assets ratio | 0.23 | 0.25 | 0.27 | 0.27 | 0.29 | 0.30 | 0.29 | 0.28 | 0.28 | 0.29 | 0.29 | 0.31 | 0.27 | 0.29 | 0.32 | 0.32 | 0.32 | 0.32 | 0.31 | 0.43 |
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 consistently shown a declining trend from 0.43 as of March 31, 2020, to 0.23 as of December 31, 2024. This indicates that the company has been decreasing its reliance on debt over the years in proportion to its total assets. A lower debt-to-assets ratio signifies a lower level of financial risk and indicates that the company has a stronger ability to cover its debt obligations with its existing assets. Overall, the decreasing trend in the debt-to-assets ratio reflects a positive financial position for Ziff Davis Inc in terms of managing its debt levels relative to its asset base.