ZoomInfo Technologies Inc (ZI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,693,500 | 1,668,400 | 1,862,900 | 2,005,900 | 2,119,300 | 2,250,400 | 2,347,000 | 2,319,300 | 2,271,800 | 2,196,300 | 2,123,900 | 2,059,400 | 1,997,900 | 1,834,700 | 991,700 | 946,900 |
Debt-to-capital ratio | 0.42 | 0.42 | 0.40 | 0.38 | 0.37 | 0.35 | 0.34 | 0.35 | 0.35 | 0.36 | 0.37 | 0.37 | 0.38 | 0.40 | 0.43 | 0.44 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,221,800K ÷ ($1,221,800K + $1,693,500K)
= 0.42
The debt-to-capital ratio of ZoomInfo Technologies Inc has shown a declining trend from March 31, 2021 to December 31, 2024, indicating improved financial health in terms of leverage. The ratio decreased steadily from 0.44 in March 2021 to 0.42 by December 2024. This suggests that the company has been reducing its reliance on debt financing in relation to its total capital over the period. A decreasing trend in the debt-to-capital ratio can signify that the company is becoming less leveraged and more financially stable. Overall, the decreasing trend in ZoomInfo Technologies Inc's debt-to-capital ratio is a positive indicator of the company's financial strength and ability to meet its financial obligations.
Peer comparison
Dec 31, 2024