Adobe Systems Incorporated (ADBE)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
November 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $14,105,000K
= 0.00
Based on the data provided, Adobe Systems Incorporated has consistently maintained a debt-to-equity ratio of 0.00 over the past five periods (December 2, 2022, November 30, 2023, December 1, 2023, November 29, 2024, and November 30, 2024). A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity.
Having a debt-to-equity ratio of 0.00 signifies that Adobe Systems has chosen to finance its operations primarily through equity rather than debt. This indicates a conservative financial approach and suggests that the company may have a strong financial position with low financial risk.
Overall, a consistently low or zero debt-to-equity ratio can be viewed positively by investors and creditors as it implies that the company has a stable capital structure and is not overly reliant on borrowed funds to finance its operations.
Peer comparison
Nov 30, 2024