A10 Network (ATEN)
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 | 207,876 | 181,012 | 208,888 | 115,974 | 108,787 |
| 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 ÷ $207,876K
= 0.00
The debt-to-equity ratio for A10 Networks Inc has consistently been reported as 0.00 for the past five years, from December 31, 2019, to December 31, 2023. This ratio indicates that the company has not utilized any debt financing in relation to its equity during this period. A debt-to-equity ratio of 0.00 suggests that the company has either zero debt or a negligible amount of debt compared to its equity. This may indicate a conservative financial strategy focused on minimizing financial leverage and potential risks associated with debt. It also implies that the company relies more on equity financing for its operations and growth, which can be favorable in terms of financial stability and flexibility.
Peer comparison
Dec 31, 2023