Advanced Energy Industries Inc (AEIS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,203,170 | 1,144,180 | 1,066,270 | 870,851 | 814,739 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,203,170K)
= 0.00
The debt-to-capital ratio of Advanced Energy Industries Inc has consistently been 0.00 across the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing in relation to its capital structure during this period. A lower debt-to-capital ratio is generally considered favorable as it suggests lower financial risk and less reliance on borrowed funds for operations and expansion. Advanced Energy Industries Inc's consistent 0.00 debt-to-capital ratio reflects a strong financial position and a conservative approach to managing its capital structure.
Peer comparison
Dec 31, 2024