A10 Network (ATEN)
Debt-to-equity ratio
Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
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Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 231,829 | 217,270 | 214,309 | 207,876 | 196,922 | 192,938 | 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 |
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, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $231,829K
= 0.00
Based on the data provided, A10 Network has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from December 31, 2019, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or minimal debt relative to its equity. This suggests that A10 Network has been funding its operations primarily through equity financing rather than relying on borrowed funds. A low debt-to-equity ratio is generally viewed positively as it signifies lower financial risk and indicates that the company may be better positioned to weather economic downturns or financial challenges. However, it is important to note that a very low debt-to-equity ratio may also indicate underutilization of debt as a potential source of cheaper financing.
Peer comparison
Dec 31, 2024