A10 Network (ATEN)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 207,876 | 196,922 | 192,939 | 185,501 | 181,012 | 160,734 | 194,759 | 185,977 | 208,888 | 203,595 | 124,505 | 124,659 | 115,974 | 121,701 | 110,860 | 113,252 | 108,787 | 102,168 | 98,326 | 101,664 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 remained at 0.00 throughout the past eight quarters. This indicates that the company has not used any debt to finance its operations and has relied solely on equity funding. A debt-to-equity ratio of 0.00 signifies a conservative capital structure with minimal risk associated with debt obligations. However, it is essential to consider the context and industry norms when evaluating this ratio, as excessively low debt levels may also indicate underutilization of leverage for potential growth or investment opportunities. Overall, the stable and low debt-to-equity ratio of 0.00 for A10 Networks Inc reflects a cautious financial strategy with a focus on equity financing.
Peer comparison
Dec 31, 2023