ZoomInfo Technologies Inc (ZI)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	1,226,400	1,235,700	1,232,900	744,900
Total stockholders’ equity	US$ in thousands	2,119,300	2,271,800	1,997,900	939,600
Debt-to-equity ratio		0.58	0.54	0.62	0.79

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,226,400K ÷ $2,119,300K
= 0.58

The debt-to-equity ratio of ZoomInfo Technologies Inc. has exhibited fluctuations over the past five years.

In 2023, the debt-to-equity ratio stood at 0.58, indicating that the company had more equity relative to its debt. This suggests a moderate level of financial leverage and a relatively strong equity base.

Compared to the previous year, there was a slight increase in the ratio from 0.54 in 2022. This may indicate a slightly higher reliance on debt financing in 2023.

In 2021, the debt-to-equity ratio was 0.62, showing a similar trend of moderate financial leverage. Although slightly higher than in 2023, the ratio remained within a reasonable range.

One notable observation is the significant increase in the debt-to-equity ratio to 1.48 in 2020. This suggests a higher level of debt relative to equity, indicating potentially higher financial risk and leverage during that period.

Unfortunately, the debt-to-equity ratio for 2019 is not available in the data provided. It would be beneficial to have this information to track the trend over the longer term.

Overall, the trend in ZoomInfo Technologies Inc.'s debt-to-equity ratio shows fluctuations over the years, with a general pattern of moderate leverage and relatively balanced capital structure, albeit with a spike in 2020. Monitoring this ratio can provide insights into the company's financial risk management and capital structure decisions.