Adobe Systems Incorporated (ADBE)
Debt-to-equity ratio
| Mar 1, 2024 | Dec 1, 2023 | Sep 1, 2023 | Mar 3, 2023 | Dec 2, 2022 | Sep 2, 2022 | Jun 3, 2022 | Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 15,460,000 | 16,518,000 | 15,776,000 | 14,206,000 | 14,051,000 | 14,373,000 | 13,985,000 | 13,775,000 | 14,797,000 | 14,414,000 | 13,852,000 | 13,546,000 | 13,264,000 | 11,713,000 | 10,881,000 | 10,465,000 | 10,530,000 | 10,243,000 | 9,932,000 | 9,871,000 |
| 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 |
March 1, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $15,460,000K
= 0.00
The debt-to-equity ratio for Adobe Systems Incorporated has consistently been reported as 0.00 in the provided data over the past few years. This indicates that the company has had no debt in relation to its equity during the specified periods. A debt-to-equity ratio of 0 indicates that the company is entirely financed by equity and does not rely on debt to fund its operations or growth.
A debt-to-equity ratio of 0 can be viewed positively by investors and lenders as it suggests that the company has a strong financial position with minimal financial risk associated with debt obligations. However, it's important to note that while low debt levels can be advantageous, companies may be missing out on opportunities for growth and leverage that debt financing can provide.
Overall, the consistently low debt-to-equity ratio for Adobe Systems Incorporated shows that the company has adopted a conservative financial strategy and has been able to maintain a healthy balance between debt and equity in its capital structure.
Peer comparison
Mar 1, 2024