Axcelis Technologies Inc (ACLS)
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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,012,790 | 975,594 | 934,948 | 901,743 | 864,882 | 800,971 | 744,037 | 701,821 | 667,256 | 614,890 | 586,927 | 559,273 | 538,959 | 511,679 | 494,102 | 487,660 | 481,602 | 460,663 | 445,024 | 427,172 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,012,790K
= 0.00
The debt-to-equity ratio of Axcelis Technologies Inc has consistently been 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not had any financial leverage with debt in relation to equity during this time frame. A debt-to-equity ratio of 0.00 suggests that the company has been using more of its equity financing rather than debt financing to fund its operations, which can be seen as a positive sign of financial stability and solvency. It implies that the company has not been reliant on borrowed funds to support its business activities and has been managing its capital structure in a conservative manner.
Peer comparison
Dec 31, 2024