Arlo Technologies (ARLO)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 103,276 | 87,695 | 112,652 | 133,767 | 203,376 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $103,276K
= 0.00
The debt-to-equity ratio for Arlo Technologies Inc has consistently been 0.00 for the past five years, from 2019 to 2023. This indicates that the company has not had any debt in relation to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company has been financing its operations primarily through equity rather than debt. This may indicate a conservative financial strategy, as the absence of debt can reduce financial risk and interest expenses. However, it's important to note that a zero debt-to-equity ratio may also imply missed opportunities for leveraging debt for potential growth or tax advantages. Further analysis of the company's capital structure and financial strategy would be necessary to fully evaluate the implications of maintaining a consistently low debt-to-equity ratio.
Peer comparison
Dec 31, 2023