Adobe Systems Incorporated (ADBE)
Debt-to-capital ratio
| Nov 30, 2024 | Nov 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Dec 2, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14,105,000 | 14,105,000 | 16,518,000 | 16,518,000 | 14,051,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
November 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $14,105,000K)
= 0.00
The debt-to-capital ratio for Adobe Systems Incorporated has remained consistently at 0.00 across multiple periods including December 2, 2022, November 30, 2023, December 1, 2023, November 29, 2024, and November 30, 2024. This indicates that the company has not utilized debt significantly to finance its operations and growth relative to its capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that Adobe's capital structure is predominantly composed of equity rather than debt, which can be considered a favorable sign in terms of financial risk and stability. It indicates that the company may have a strong financial position and ample capacity to fund its operations and investments without relying heavily on borrowing.
Peer comparison
Nov 30, 2024