ANSYS Inc (ANSS)

Debt-to-equity 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-equity ratio		0.12	0.13	0.13	0.14	0.14	0.15	0.15	0.16	0.15	0.17	0.17	0.17	0.17	0.17	0.18	0.19	0.19	0.12	0.12	0.13

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $754,208K ÷ $6,086,440K
= 0.12

ANSYS Inc's debt-to-equity ratio has shown a declining trend over the years from 0.13 in March 2020 to 0.12 by December 2024. The ratio indicates that for every dollar of equity, the company has $0.12-$0.13 of debt during this period. This suggests that the company is relying more on equity financing rather than debt to fund its operations and growth. The consistent decrease in the ratio reflects a favorable financial position, as lower debt levels compared to equity can reduce financial risk and improve financial stability. From a creditor's perspective, a decreasing trend in the debt-to-equity ratio may indicate a lower risk of insolvency or default. Overall, the declining trend in ANSYS Inc's debt-to-equity ratio signals a prudent financial management strategy focused on maintaining a healthy balance between debt and equity financing.