Adobe Systems Incorporated (ADBE)
Debt-to-equity ratio
| Nov 29, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Dec 1, 2023 | Sep 1, 2023 | Jun 2, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14,105,000 | 14,545,000 | 14,843,000 | 15,460,000 | 16,518,000 | 15,776,000 | 14,838,000 | 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 |
| 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 |
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 for Adobe Systems Incorporated has consistently been 0.00 for the periods between February 28, 2020, and November 29, 2024. This indicates that the company has not utilized any debt to finance its operations, as its total debt is zero compared to its equity. A debt-to-equity ratio of 0.00 typically signifies that the company has a strong financial position with minimal financial risk related to debt obligations. Adobe Systems seems to have a conservative approach to leverage, relying more on equity financing to support its capital structure. Investors and creditors may view this ratio favorably as it suggests a lower level of financial leverage and potentially lower financial risk.
Peer comparison
Nov 29, 2024