ZoomInfo Technologies Inc (ZI)
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 | 1,221,800 | 1,226,400 | 1,235,700 | 1,232,900 | 744,900 |
| Total assets | US$ in thousands | 6,467,600 | 6,868,300 | 7,136,400 | 6,852,900 | 2,327,400 |
| Debt-to-assets ratio | 0.19 | 0.18 | 0.17 | 0.18 | 0.32 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,221,800K ÷ $6,467,600K
= 0.19
The debt-to-assets ratio of ZoomInfo Technologies Inc has shown a decreasing trend from 0.32 as of December 31, 2020, to 0.18 as of December 31, 2021, further declining to 0.17 as of December 31, 2022. This indicates that the company has been reducing its reliance on debt to finance its operations and investments, which is generally seen as a positive sign for financial health. The slight increase to 0.18 as of December 31, 2023, and 0.19 as of December 31, 2024, may suggest a slight uptick in debt relative to assets, but the overall trend is still favorable. A lower debt-to-assets ratio signifies a stronger financial position with less risk of insolvency and better ability to weather economic downturns.
Peer comparison
Dec 31, 2024