ZoomInfo Technologies Inc (ZI)
Debt-to-equity 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-equity ratio | 0.72 | 0.73 | 0.66 | 0.61 | 0.58 | 0.55 | 0.52 | 0.53 | 0.54 | 0.56 | 0.58 | 0.60 | 0.62 | 0.67 | 0.75 | 0.78 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,221,800K ÷ $1,693,500K
= 0.72
ZoomInfo Technologies Inc's debt-to-equity ratio has been decreasing steadily over the analyzed period, indicating an improvement in its overall financial leverage position. The ratio decreased from 0.78 as of March 31, 2021, to 0.72 as of December 31, 2024.
This decreasing trend suggests that the company is relying less on debt financing relative to its equity, which can be seen as a positive sign of financial health and stability. It may indicate that the company is managing its debt levels effectively and may have a better capacity to meet its financial obligations using internal resources.
Overall, a declining debt-to-equity ratio for ZoomInfo Technologies Inc signals a strengthening financial position and reduced financial risk, which could be viewed favorably by investors and creditors.
Peer comparison
Dec 31, 2024