Ziff Davis Inc (ZD)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,810,880 | 1,893,000 | 1,892,610 | 1,967,730 | 1,211,020 |
| Debt-to-capital ratio | 0.32 | 0.35 | 0.35 | 0.34 | 0.49 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $864,282K ÷ ($864,282K + $1,810,880K)
= 0.32
The debt-to-capital ratio of Ziff Davis Inc has shown a decreasing trend over the past five years. It was 0.49 as of December 31, 2020, but gradually decreased to 0.32 by the end of December 31, 2024. This indicates that the company has been reducing its reliance on debt financing in relation to its total capital structure. Overall, the decreasing trend in the debt-to-capital ratio suggests improved financial stability and a potentially lower financial risk for Ziff Davis Inc.