Ziff Davis Inc (ZD)
Debt-to-equity 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-equity ratio | 0.48 | 0.53 | 0.53 | 0.53 | 0.98 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $864,282K ÷ $1,810,880K
= 0.48
The debt-to-equity ratio of Ziff Davis Inc has shown a declining trend over the years, from 0.98 as of December 31, 2020, to 0.53 as of December 31, 2021, and has remained steady at this level through December 31, 2022 and December 31, 2023. The ratio further decreased to 0.48 as of December 31, 2024.
This decreasing trend indicates that the company has been reducing its reliance on debt financing in relation to equity, which can be seen as a positive sign by investors and lenders. A lower debt-to-equity ratio suggests that the company is in a stronger financial position and has a better ability to meet its financial obligations. It also signifies a lower level of financial risk and potential volatility for the company's shareholders.