Adobe Systems Incorporated (ADBE)
Debt-to-equity ratio
| Nov 29, 2024 | Dec 1, 2023 | Dec 2, 2022 | Dec 3, 2021 | Nov 27, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14,105,000 | 16,518,000 | 14,051,000 | 14,797,000 | 13,264,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
November 29, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $14,105,000K
= 0.00
The debt-to-equity ratio of Adobe Systems Incorporated has consistently been reported as 0.00 over the past five years, from November 27, 2020, to November 29, 2024. This indicates that the company has no long-term debt and relies solely on equity financing for its operations and expansion. A debt-to-equity ratio of 0.00 signifies that Adobe's shareholders' equity fully covers its financial obligations, which may suggest a strong financial position with minimal financial risk associated with debt. However, it is essential to consider other factors such as the nature of the industry, the company's growth strategies, and overall economic conditions to get a comprehensive view of Adobe's financial health.
Peer comparison
Nov 29, 2024