ZoomInfo Technologies Inc (ZI)

Debt-to-assets ratio

		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
Long-term debt	US$ in thousands	1,226,400	1,227,000	1,228,000	1,229,000	1,235,700	1,235,000	1,234,300	1,233,600	1,232,900	1,232,200	739,200	738,700	744,900	744,300	743,700
Total assets	US$ in thousands	6,868,300	7,070,900	7,192,200	7,165,100	7,136,400	7,059,200	7,008,500	6,924,200	6,852,900	6,608,100	2,823,300	2,547,000	2,327,400	2,048,500	1,919,300
Debt-to-assets ratio		0.18	0.17	0.17	0.17	0.17	0.17	0.18	0.18	0.18	0.19	0.26	0.29	0.32	0.36	0.39

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,226,400K ÷ $6,868,300K
= 0.18

The debt-to-assets ratio of ZoomInfo Technologies Inc. has been relatively stable in the range of 0.17 to 0.18 throughout the past eight quarters. This indicates that, on average, the company finances approximately 17-18% of its assets through debt, while the remaining 82-83% is financed through equity. The consistency of this ratio suggests that ZoomInfo's capital structure has been well-maintained and that the company is not overly reliant on debt financing. However, further analysis of the company's overall debt levels and its ability to service that debt would be necessary to provide a more thorough assessment of its financial health.