ZoomInfo Technologies Inc (ZI)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 1,693,500 | 2,119,300 | 2,271,800 | 1,997,900 | 939,600 |
| Debt-to-equity ratio | 0.72 | 0.58 | 0.54 | 0.62 | 0.79 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,221,800K ÷ $1,693,500K
= 0.72
Based on the data provided, ZoomInfo Technologies Inc's debt-to-equity ratio has shown a declining trend over the five-year period from 2020 to 2024.
In December 31, 2020, the debt-to-equity ratio was 0.79, indicating that for every dollar of equity, the company had $0.79 of debt. This ratio decreased to 0.62 by December 31, 2021, suggesting a reduction in the company's reliance on debt financing relative to its equity.
By the end of December 31, 2022, the debt-to-equity ratio further decreased to 0.54, signaling a continued improvement in the company's financial leverage position. However, in December 31, 2023, the ratio increased slightly to 0.58, possibly due to changes in the company's capital structure or debt levels.
By December 31, 2024, the ratio rose to 0.72, indicating that ZoomInfo Technologies Inc had increased its debt relative to equity compared to the previous year. Despite this slight uptick, the trend over the five-year period suggests that the company has actively managed its debt levels and maintained a strong balance between debt and equity financing.
Overall, the decreasing trend in ZoomInfo Technologies Inc's debt-to-equity ratio implies a positive development in the company's financial health and ability to meet its obligations with a prudent mix of debt and equity capital.
Peer comparison
Dec 31, 2024