Benchmark Electronics Inc (BHE)
Debt-to-capital 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 | 1,113,310 | 1,079,080 | 1,026,420 | 973,802 | 989,588 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,113,310K)
= 0.00
The debt-to-capital ratio for Benchmark Electronics Inc has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not taken on any debt relative to its total capital during this period. A debt-to-capital ratio of 0.00 suggests that the company is primarily financing its operations with equity rather than debt. This could imply a lower financial risk level for the company as it is not relying heavily on borrowed funds for its operations. Additionally, a low debt-to-capital ratio may also indicate strong financial stability and the ability to fund growth or handle unexpected challenges without being burdened by excessive debt obligations.
Peer comparison
Dec 31, 2024