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TTD (The Trade Desk) Debt-to-Equity : 0.11 (As of Sep. 2024)


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What is The Trade Desk Debt-to-Equity?

The Trade Desk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $63 Mil. The Trade Desk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $230 Mil. The Trade Desk's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2,626 Mil. The Trade Desk's debt to equity for the quarter that ended in Sep. 2024 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The Trade Desk's Debt-to-Equity or its related term are showing as below:

TTD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.17   Max: 1.17
Current: 0.11

During the past 10 years, the highest Debt-to-Equity Ratio of The Trade Desk was 1.17. The lowest was 0.11. And the median was 0.17.

TTD's Debt-to-Equity is ranked better than
64.77% of 2217 companies
in the Software industry
Industry Median: 0.21 vs TTD: 0.11

The Trade Desk Debt-to-Equity Historical Data

The historical data trend for The Trade Desk's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Trade Desk Debt-to-Equity Chart

The Trade Desk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.29 0.19 0.12 0.11

The Trade Desk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.11 0.11 0.11 0.11

Competitive Comparison of The Trade Desk's Debt-to-Equity

For the Software - Application subindustry, The Trade Desk's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Trade Desk's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, The Trade Desk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Trade Desk's Debt-to-Equity falls into.



The Trade Desk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Trade Desk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

The Trade Desk's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Trade Desk  (NAS:TTD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


The Trade Desk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The Trade Desk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


The Trade Desk Business Description

Address
42 North Chestnut Street, Ventura, CA, USA, 93001
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
Executives
Jeffrey Terry Green director, 10 percent owner, officer: President and CEO 42 N. CHESTNUT STREET, VENTURA CA 93001
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Laura Schenkein officer: Chief Financial Officer C/O THE TRADE DESK, INC., 42 NORTH CHESTNUT STREET, VENTURA CA 93001
Andrea Lee Cunningham director C/O TRADE DESK, INC., 42 N. CHESTNUT STREET, VENTURA CA 93001
Kathryn E Falberg director C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, 5TH FLOOR, NEW YORK NY 10018
Jay R Grant officer: Chief Legal Officer 225 E. 79TH STREET, APT 12E, NEW YORK NY 10075
David B Wells director C/O NETFLIX, INC., 100 WINCHESTER CIRCLE, LOS GATOS CA 95130
Lise J Buyer director 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
David Randall Pickles officer: Chief Technology Officer 42 N. CHESTNUT STREET, VENTURA CA 93001
Blake Jeffrey Grayson officer: Chief Financial Officer 2212 EVERETT AVENUE E, SEATTLE WA 98102
Eric B Paley director, 10 percent owner C/O THE TRADE DESK, INC., 42 N. CHESTNUT ST., VENTURA CA 93001
Susan Vobejda officer: Chief Marketing Officer 130 EAST RANDOLPH STREET, 7TH FLOOR, CHICAGO IL 60601
Michelle Hulst officer: Chief Operating Officer 130 MERCHANT STREET, HONOLULU HI 96813
Brian John Stempeck officer: Chief Client Officer 42 N. CHESTNUT STREET, VENTURA CA 93001
Vivian Yang officer: Chief Legal Officer C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612