ZoomInfo Technologies Inc (ZI)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,221,800 | 1,222,900 | 1,223,800 | 1,225,400 | 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 |
| Total assets | US$ in thousands | 6,467,600 | 6,394,900 | 6,683,500 | 6,753,900 | 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 |
| Debt-to-assets ratio | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | 0.26 | 0.29 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,221,800K ÷ $6,467,600K
= 0.19
ZoomInfo Technologies Inc has shown a decreasing trend in its debt-to-assets ratio over the past few years, starting at 0.29 as of March 31, 2021, and gradually decreasing to 0.19 by December 31, 2024. This indicates that the company is becoming more efficient in managing its debt relative to its total assets. The decreasing ratio suggests that ZoomInfo is relying less on debt financing compared to the size of its asset base. Additionally, the consistent trend of the ratio hovering around 0.17 to 0.19 since September 30, 2022, indicates stability in the company's debt management strategy. Overall, a decreasing debt-to-assets ratio can be seen as a positive sign, as it signifies lower financial risk and potentially stronger financial health for the company.
Peer comparison
Dec 31, 2024