ANSYS Inc (ANSS)

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 754,208 753,891 753,574 753,576 798,118
Total stockholders’ equity US$ in thousands 6,086,440 5,390,360 4,865,850 4,484,050 4,097,870
Debt-to-capital ratio 0.11 0.12 0.13 0.14 0.16

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $754,208K ÷ ($754,208K + $6,086,440K)
= 0.11

The debt-to-capital ratio of ANSYS Inc has shown a declining trend over the past five years, decreasing from 0.16 as of December 31, 2020, to 0.11 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt financing in comparison to its total capital structure. A lower debt-to-capital ratio suggests a healthier financial position and lower financial risk, as the company is financing a smaller portion of its assets with debt. ANSYS Inc's decreasing debt-to-capital ratio reflects a more conservative approach to capital structure management, potentially enhancing the company's long-term financial stability and resilience.