The Trade Desk (The Trade Desk) Debt-to-Equity

: 0.11 (As of Dec. 2023)

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The Trade Desk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $56 Mil. The Trade Desk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $180 Mil. The Trade Desk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,164 Mil. The Trade Desk's debt to equity for the quarter that ended in Dec. 2023 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: 0.19 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 0.19.

TTD's Debt-to-Equity is ranked better than
63.8% of 2221 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.31

0.29

0.19

0.12

0.11

The Trade Desk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.12	0.13	0.12	0.12	0.11

Competitive Comparison

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 Debt-to-Equity Distribution

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(55.524	+	180.369)	/	2164.219
	=	0.11

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(55.524	+	180.369)	/	2164.219
	=	0.11

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 (The Trade Desk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (NAS:TTD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TTD:Mexico TT8:Germany T2TD34:Brazil

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, 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. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

Executives

Gokul Rajaram	director	301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay R Grant	officer: Chief Legal Officer	225 E. 79TH STREET, APT 12E, NEW YORK NY 10075
Laura Schenkein	officer: Chief Financial Officer	C/O THE TRADE DESK, INC., 42 NORTH CHESTNUT STREET, VENTURA CA 93001
Jeffrey Terry Green	director, 10 percent owner, officer: President and CEO	42 N. CHESTNUT STREET, VENTURA CA 93001
Andrea Lee Cunningham	director	C/O TRADE DESK, INC., 42 N. CHESTNUT STREET, VENTURA CA 93001
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
Kathryn E Falberg	director	C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, 5TH FLOOR, NEW YORK NY 10018
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