ANSYS Inc (ANSS)

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	754,208	754,128	754,049	753,970	753,891	753,812	753,732	753,653	753,574	753,495	753,402	744,575	753,576	753,451	753,327	793,515	798,118	423,759	423,683	423,607
Total stockholders’ equity	US$ in thousands	6,086,440	5,828,780	5,586,500	5,409,640	5,390,360	5,006,800	4,914,410	4,782,160	4,865,850	4,543,680	4,452,760	4,363,950	4,484,050	4,339,240	4,250,220	4,111,970	4,097,870	3,589,610	3,438,050	3,292,350
Debt-to-capital ratio		0.11	0.11	0.12	0.12	0.12	0.13	0.13	0.14	0.13	0.14	0.14	0.15	0.14	0.15	0.15	0.16	0.16	0.11	0.11	0.11

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 remained relatively stable over the past few years, hovering around the range of 0.11 to 0.16. This ratio indicates the proportion of a company's capital structure that is financed by debt, with values closer to 0 indicating lower debt reliance. The decreasing trend observed from December 31, 2021, to December 31, 2024, suggests a reduction in the company's debt relative to its total capital over this period. ANSYS Inc's consistent maintenance of a low to moderate debt-to-capital ratio reflects a balanced approach to financial leverage and indicates a lower financial risk compared to companies with higher debt levels. It is important for investors and stakeholders to monitor this ratio alongside other financial metrics to assess the company's capital structure and financial health.