A10 Network (ATEN)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 231,829 | 207,876 | 181,012 | 208,888 | 115,974 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $231,829K
= 0.00
The debt-to-equity ratio of A10 Network has been consistently 0.00 for the years 2020 to 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity funding. A debt-to-equity ratio of 0.00 typically suggests a very low financial risk as there is no debt obligation to repay, and the company's operations are primarily funded through equity. It also implies that the company may have a strong balance sheet and financial stability. However, it is important to note that excessively low debt levels could also indicate underutilization of debt financing opportunities that could potentially enhance returns for shareholders in a low-cost borrowing environment.
Peer comparison
Dec 31, 2024