Altair Engineering Inc (ALTR)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 857,189 | 836,900 | 791,306 | 762,928 | 711,331 | 634,118 | 620,215 | 606,905 | 569,736 | 535,529 | 558,172 | 619,209 | 613,981 | 603,046 | 400,129 | 399,813 | 379,370 | 360,239 | 355,734 | 358,497 |
| Debt-to-capital 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 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $857,189K)
= 0.00
Altair Engineering Inc has consistently maintained a debt-to-capital ratio of 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company's capital structure is financed primarily through equity rather than debt. A debt-to-capital ratio of 0.00 suggests that the company does not have any debt relative to its total capital. This low debt level may signify a strong financial position, as it indicates lower financial risk and less reliance on borrowing to fund operations or growth initiatives. It also implies that the company may have more flexibility in managing its capital structure and may be less vulnerable to changes in interest rates or economic downturns.
Peer comparison
Dec 31, 2024