ZoomInfo Technologies Inc (ZI)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	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	939,600	820,500	783,300
Debt-to-capital ratio		0.37	0.35	0.34	0.35	0.35	0.36	0.37	0.37	0.38	0.40	0.43	0.44	0.44	0.48	0.49

December 31, 2023 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,226,400K ÷ ($1,226,400K + $2,119,300K)
= 0.37

The debt-to-capital ratio for ZoomInfo Technologies Inc. has been relatively stable over the past eight quarters, ranging from 0.34 to 0.37. This ratio measures the proportion of the company's capital structure that is funded by debt compared to equity.

ZoomInfo's debt-to-capital ratio indicates that, on average, around 35-37% of the company's capital is financed through debt. This suggests a moderate level of leverage, which could be considered reasonable depending on the industry and the company's financial goals.

Overall, a consistent debt-to-capital ratio can be a sign of stability and disciplined financial management. It shows that ZoomInfo has maintained a balanced approach to funding its operations and growth through a mix of debt and equity. However, it is important to continue monitoring this ratio in conjunction with other financial metrics to assess the company's overall financial health and risk profile.