Total Debt
$1.90B
Net Debt
$1.38B
Morningstar, Inc. currently has $1.90B in total debt. Net debt is $1.38B after cash offsets.
Financial Fundamentals
MORN • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 1.90 | 0.52 | 1.38 | 3.95 | 48.3% |
| 2026-03-31 | 1.91 | 0.53 | 1.37 | 3.99 | 47.8% |
| 2025-12-31 | 1.41 | 0.53 | 0.88 | 3.59 | 39.2% |
| 2025-09-30 | 1.04 | 0.51 | 0.53 | 3.56 | 29.3% |
| 2025-06-30 | 1.03 | 0.54 | 0.49 | 3.63 | 28.5% |
| 2025-03-31 | 1.00 | 0.56 | 0.44 | 3.59 | 28.0% |
| 2024-12-31 | 0.90 | 0.55 | 0.35 | 3.55 | 25.5% |
| 2024-09-30 | 1.04 | 0.60 | 0.44 | 3.57 | 29.2% |
| 2024-06-30 | 1.07 | 0.44 | 0.63 | 3.40 | 31.4% |
| 2024-03-31 | 1.13 | 0.41 | 0.72 | 3.39 | 33.3% |
| 2023-12-31 | 1.16 | 0.39 | 0.77 | 3.40 | 34.1% |
| 2023-09-30 | 1.24 | 0.36 | 0.88 | 3.34 | 37.1% |
| 2023-06-30 | 1.35 | 0.38 | 0.97 | 3.46 | 39.0% |
| 2023-03-31 | 1.34 | 0.39 | 0.95 | 3.45 | 38.8% |
| 2022-12-31 | 1.32 | 0.41 | 0.91 | 3.47 | 38.1% |
| 2022-09-30 | 1.36 | 0.41 | 0.95 | 3.42 | 39.7% |
| 2022-06-30 | 1.33 | 0.42 | 0.92 | 3.47 | 38.4% |
| 2022-03-31 | 0.67 | 0.54 | 0.13 | 2.87 | 23.4% |
| 2021-12-31 | 0.53 | 0.55 | -0.01Net Cash | 2.86 | 18.6% |
| 2021-09-30 | 0.53 | 0.49 | 0.04 | 2.74 | 19.2% |
| 2021-06-30 | 0.54 | 0.45 | 0.09 | 2.71 | 19.8% |
| 2021-03-31 | 0.57 | 0.43 | 0.14 | 2.68 | 21.3% |
| 2020-12-31 | 0.63 | 0.46 | 0.16 | 2.70 | 23.2% |
| 2020-09-30 | 0.66 | 0.38 | 0.29 | 2.56 | 25.9% |
| 2020-06-30 | 0.67 | 0.38 | 0.28 | 2.35 | 28.4% |
| 2020-03-31 | 0.70 | 0.35 | 0.35 | 2.29 | 30.6% |
| 2019-12-31 | 0.69 | 0.37 | 0.32 | 2.37 | 29.0% |
| 2019-09-30 | 0.71 | 0.35 | 0.36 | 2.28 | 31.2% |
| 2019-06-30 | 0.15 | 0.41 | -0.26Net Cash | 1.57 | 9.8% |
| 2019-03-31 | 0.18 | 0.38 | -0.20Net Cash | 1.55 | 11.3% |
| 2018-12-31 | 0.07 | 0.40 | -0.33Net Cash | 1.45 | 4.8% |
| 2018-09-30 | 0.09 | 0.37 | -0.28Net Cash | 1.44 | 6.3% |
| 2018-06-30 | 0.13 | 0.35 | -0.23Net Cash | 1.43 | 8.8% |
| 2018-03-31 | 0.15 | 0.36 | -0.21Net Cash | 1.44 | 10.4% |
| 2017-12-31 | 0.18 | 0.35 | -0.17Net Cash | 1.41 | 12.8% |
| 2017-09-30 | 0.20 | 0.32 | -0.12Net Cash | 1.38 | 14.8% |
| 2017-06-30 | 0.23 | 0.34 | -0.11Net Cash | 1.38 | 16.7% |
| 2017-03-31 | 0.23 | 0.32 | -0.08Net Cash | 1.36 | 17.3% |
| 2016-12-31 | 0.25 | 0.30 | -0.05Net Cash | 1.35 | 18.5% |
| 2016-09-30 | 0.06 | 0.27 | -0.21Net Cash | 1.06 | 5.7% |
| 2016-06-30 | 0.07 | 0.25 | -0.17Net Cash | 1.05 | 7.1% |
| 2016-03-31 | 0.07 | 0.23 | -0.15Net Cash | 1.03 | 7.3% |
| 2015-12-31 | 0.04 | 0.25 | -0.21Net Cash | 1.03 | 3.4% |
| 2015-09-30 | 0.00 | 0.26 | -0.26Net Cash | 1.02 | 0.0% |
| 2015-06-30 | 0.04 | 0.26 | -0.22Net Cash | 1.05 | 3.3% |
| 2015-03-31 | 0.04 | 0.24 | -0.20Net Cash | 1.03 | 4.4% |
| 2014-12-31 | 0.03 | 0.22 | -0.19Net Cash | 1.02 | 2.9% |
| 2014-09-30 | 0.03 | 0.23 | -0.20Net Cash | 1.02 | 2.9% |
| 2014-06-30 | 0.00 | 0.22 | -0.22Net Cash | 1.05 | 0.0% |
| 2014-03-31 | 0.00 | 0.26 | -0.26Net Cash | 1.01 | 0.0% |
| 2013-12-31 | 0.00 | 0.30 | -0.30Net Cash | 1.03 | 0.0% |
| 2013-09-30 | 0.00 | 0.34 | -0.34Net Cash | 1.07 | 0.0% |
| 2013-06-30 | 0.00 | 0.31 | -0.31Net Cash | 1.04 | 0.0% |
| 2013-03-31 | 0.00 | 0.33 | -0.33Net Cash | 1.05 | 0.0% |
| 2012-12-31 | 0.00 | 0.32 | -0.32Net Cash | 1.04 | 0.0% |
| 2012-09-30 | 0.00 | 0.34 | -0.34Net Cash | 1.06 | 0.0% |
| 2012-06-30 | 0.00 | 0.39 | -0.39Net Cash | 1.11 | 0.0% |
| 2012-03-31 | 0.00 | 0.44 | -0.44Net Cash | 1.17 | 0.0% |
| 2011-12-31 | 0.00 | 0.47 | -0.47Net Cash | 1.17 | 0.0% |
| 2011-09-30 | 0.00 | 0.43 | -0.43Net Cash | 1.13 | 0.0% |
| 2011-06-30 | 0.00 | 0.43 | -0.43Net Cash | 1.15 | 0.0% |
| 2011-03-31 | 0.00 | 0.39 | -0.39Net Cash | 1.11 | 0.0% |
| 2010-12-31 | 0.00 | 0.37 | -0.37Net Cash | 1.09 | 0.0% |
| 2010-09-30 | 0.00 | 0.34 | -0.34Net Cash | 1.03 | 0.0% |
| 2010-06-30 | 0.00 | 0.32 | -0.32Net Cash | 0.96 | 0.0% |
| 2010-03-31 | 0.00 | 0.36 | -0.36Net Cash | 0.93 | 0.0% |
| 2009-12-31 | 0.00 | 0.34 | -0.34Net Cash | 0.92 | 0.0% |
| 2009-09-30 | 0.00 | 0.36 | -0.36Net Cash | 0.88 | 0.0% |
| 2009-06-30 | 0.00 | 0.32 | -0.32Net Cash | 0.84 | 0.0% |
| 2009-03-31 | 0.00 | 0.29 | -0.29Net Cash | 0.78 | 0.0% |
| 2008-12-31 | 0.00 | 0.30 | -0.30Net Cash | 0.80 | 0.0% |
| 2008-09-30 | 0.00 | 0.31 | -0.31Net Cash | 0.77 | 0.0% |
| 2008-06-30 | 0.00 | 0.27 | -0.27Net Cash | 0.74 | 0.0% |
| 2008-03-31 | 0.00 | 0.22 | -0.22Net Cash | 0.67 | 0.0% |
| 2007-12-31 | 0.00 | 0.26 | -0.26Net Cash | 0.65 | 0.0% |
| 2007-09-30 | 0.00 | 0.19 | -0.19Net Cash | 0.57 | 0.0% |
| 2007-06-30 | 0.00 | 0.16 | -0.16Net Cash | 0.53 | 0.0% |
| 2007-03-31 | 0.00 | 0.12 | -0.12Net Cash | 0.49 | 0.0% |
| 2006-12-31 | 0.00 | 0.16 | -0.16Net Cash | 0.45 | 0.0% |
| 2006-09-30 | 0.00 | 0.12 | -0.12Net Cash | 0.40 | 0.0% |
| 2006-06-30 | 0.00 | 0.12 | -0.12Net Cash | 0.36 | 0.0% |
| 2006-03-31 | 0.00 | 0.08 | -0.08Net Cash | 0.32 | 0.0% |
| 2005-12-31 | 0.00 | 0.15 | -0.15Net Cash | 0.30 | 0.0% |
| 2005-09-30 | 0.00 | 0.14 | -0.14Net Cash | 0.26 | 0.0% |
| 2005-06-30 | 0.00 | 0.12 | -0.12Net Cash | 0.25 | 0.0% |
| 2005-03-31 | 0.00 | 0.08 | -0.08Net Cash | 0.22 | 0.0% |
| 2004-12-31 | 0.00 | 0.10 | -0.10Net Cash | 0.21 | 0.0% |